News
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. Keep reading ...
PPP Committee wants 6 more transport projects fast-tracked
The Public Private Partnership Policy Committee on March 29 resolved to place six more transportation projects worth Bt600 billion on the fast track for implementation. The Industry Ministry will also set up a working panel as soon as possible to promote investment support and tax incentives ...
NLA members face tough choices in bid to reform energy sector
The National Legislative Assembly is set for a showdown over a contentious bill to reform the energy sector with the establishment of a new national oil company. The bill will be debated in the second and final readings today, while the vote is likely to be ...
MPC ups GDP growth forecast, keeps policy rate
The Bank of Thailand’s Monetary Policy Committee revised up its forecast for this year’s economic growth to 3.4 per cent based on a further recovery of merchandise exports, while leaving the benchmark interest rate unchanged at 1.50 per cent at its meeting on March 29. Jaturong ...
ASEAN, Russia assess progress of cooperation
The Ministry of Foreign Affairs yesterday hosted the 14th ASEAN-Russia Senior Officials’ Meeting in Vientiane to review the progress made in the countries’ cooperation. The meeting was co-chaired by Deputy Minister of Foreign Affairs, Mr Thongphane Savanphet, who is also Laos’ ASEAN SOM Leader, and ...
Social security fund to increase payments for health services
The National Social Security Fund will pay more to hospitals for health services following a new agreement reached between the fund and participating hospitals yesterday. The money will be paid in a lump sum, with some hospitals receiving as much as 130,000 kip to allocate ...
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 ...
New tourist attraction to boost economy in Khong district
Authorities in Khong district, Champassak province, are confident that a new tourist attraction will help to draw more visitors and generate income for public and private investors. Now a riverside beach in the district’s Don Than village is becoming the latest tourist destination in the ...
Rail freight set to cut transport costs significantly
The transport of goods by railway could cut costs by 30 to 50 percent of the current charges for road transportation, a senior government official has said. Deputy Director General of the Lao Railway Department, Mr Sonesack N. Nhansana, told Vientiane Times on March 28 that ...
Sơn Trà master plan needs amending
The central city plans to petition the Prime Minister for adjustments to the Sơn Trà Master Plan in order to better protect the eponymous nature reserve. Đà Nẵng Deputy Chairman Nguyễn Ngọc Tuấn also said at a press conference on Monday that the city will ...
