Aid and development

Australia increases ODA to Laos with education, trade development focus

Australia will increase its Official Development Assistance to Laos from AUD40.7 million in 2016-2017 to AUD42.3 million in 2017-18. The financial support announced during the Laos-Australia Portfolio Review Meeting was held on Friday, which also discussed the progress of development cooperation between the two countries.Read ...

Lao Statistics looks to attain international standards by 2020

The Lao Statistics Bureau (LSB) under the Ministry of Planning and Investment (MPI) has informed that it has now successfully created a strategic development plan of sustainable national statistics for 2016-25 and its vision for 2030. This will be a further step to integrate with ...

Tourism training boost as Luxembourg, Switzerland fund human resource training

Funding for development of human resources in tourism and service sectors is on the rise thanks to a 140 billion kip (15million EUR) contribution from Luxembourg and Switzerland to a five-year project from 2017-2022. This project aims to improve vocational education and skills development in ...

Myanmar becomes fastest growing aid recipient in the region

Myanmar are one of the two largest recipients of humanitarian aid to Southeast Asia and is the fastest growing aid recipient in the region, speakers at an aid conference said. U Tun Tun Naing, permanent secretary of the Ministry of Planning and Finance, said that the ...

EU falls short in fighting Asian human traffickers

The European Union is a magnet for human traffickers from Asia and must run better programmes in the region if it is to combat the global trade in people, according to a report by the European Court of Auditors.Despite funding 31 million euros ($34.5 million) ...

NA President hails Laos-Cambodia bilateral relations, cooperation

The Lao side highly values the relations and cooperation between Laos and Cambodia, President of the National Assembly (NA), Ms Pany Yathotou told her visiting Cambodian counterpart Heng Samrin in their meeting yesterday in the capital. Mr Heng Samrin is paying an official goodwill visit ...

ADB reviews public communications policy

The governments and private stakeholders of Laos, Thailand and Cambodia have now jointly consulted through videoconference, proposals for the Asian Development Bank’s most recent public communications policy review.The Asian Development Bank held the meeting on June 8 welcoming stakeholders including government and private sector counterparts, executing ...

Laos, WB sign up to green growth transition

Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...

Hungary to initiate major credit aid for Laos

Laos is expected to receive the biggest ever fixed aid credit programme worth US$160 million from Hungary to develop a food safety system, water management and information technology. The information was revealed during Minister of Foreign Affairs Mr Saleumxay Kommasith and his delegation’s official visit ...

Laos-World Bank launch next 5-year partnership framework

The World Bank Office in Vientiane on May 24 presented the bank’s Partnership Framework for Laos 2017-2021 to stakeholders, together with the findings of the Systematic Country Diagnostic and the launch of the annual publication entitled Lao Economic Monitor. The new partnership framework between Laos and ...

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