Government
Budget
Billions of kip embezzled in Savannakhet
At least 20 finance officials in Savannakhet province have been found guilty of spending billions of kip of state money on personal affairs, according to a report released this week. The officials allegedly collected more than 5.8 billion kip from state revenue sources but did ...
Land and buildings tax draft gets nod
The cabinet on March 21 approved the draft bill for the long-awaited land and buildings tax, intended to narrow economic disparity, after a review by the Council of State. Nathporn Chatusripitak, an adviser to Prime Minister’s Office Minister Suvit Maesincee, said the draft bill amended by ...
Lao language used inconsistently, incorrectly by media
The media is struggling to find the right terms for a number of words used in daily broadcasting and publication and is calling for the establishment of an official body to study and approve correct usage. Recognising the problem, Lao language experts, editors and reporters ...
K30b request to boost Yangon power approved
A request of K30 billion from the special reserved fund, granted by Budget Law of the Union 2016, to be spent for supplying the electricity power shortage in Yangon Region during the summer season was approved by the Pyidaungsu Hluttaw on March 17 amidst complaints ...
Hluttaw to recess after budget approval
The 2017-18 National Planning Bill from the Union government was approved by Pyidaungsu Hluttaw on March 15, following a K296 billion cut from the original allocated amount. After reviewing the projects to be implemented by the ministries and Union-level organisations during the coming fiscal year, ...
Lao Front discusses achievements, structural improvements
Achievements over the past year and approval of a new organisational structure are tabled for discussion by the Lao Front for National Construction this week at the Front Committee’s second ordinary plenary session of the Tenth Congress. The Committee has translated six strategic programmes adopted ...
PM orders transport sector to boost infrastructure
The national transport sector has been told to seek ways of developing infrastructure to catch up with the growing travel demand of Vietnamese people, despite a severe shortage of capital. The order was issued by Prime Minister Nguyễn Xuân Phúc on March 16 when he chaired ...
Revenue collection, timber auction dominate Govt meeting
Implementation of the revenue collection and expenditure plan, the auction of wood impounded by the government, and the upgrade of wood processing plants dominated the monthly government meeting on March 15. Other hot topics tabled at the two-day meeting included the export of wood, a ...
Vietnam channels investment capital to Laos
The Vietnamese government has approved total investment of almost US$21.4 billion, US$5.12 billion of which has been allocated to Laos. The Vietnamese Ministry of Planning and Investment was quoted in the Vietnam News recently as saying that Vietnam had channelled the US$21.4 billion into 1,188 ...
Pyidaungsu Hluttaw told 44 state projects should be suspended
As Myanmar moves to slash government spending, the Pyidaungsu Hluttaw was told that 44 of 52 projects by state-owned enterprises should be suspended. This was following a study by the assembly’s joint committees into the budgets for state-owned projects for the coming fiscal year. After ...
