News
PM vows zero tolerance of financial misconduct
Prime Minister Thongloun Sisoulith told the National Assembly this week that the ongoing violations of financial regulations by various state departments must be addressed and those found guilty punished. The premier was responding to questions raised by members of parliament concerning possible solutions to the ...
Minister vows action against out-of-date, contaminated foods
Action has been and will continue to be taken to prevent the sale of out-of-date and contaminated foods as well as the provision of unfair services that continue to surface, a minister told the National Assembly recently. Minister of Industry and Commerce, Ms Khemmani Pholsena, ...
Govt seeks to increase bank deposits to 84 percent of GDP
The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...
