News
Phuan festival bolsters Lao-Thai friendship
The annual Phuan ethnic community festival in Thailand has significantly contributed to maintaining and strengthening the friendship between Laos and Thailand along with conserving the traditions of the ethnic group. Lao Ambassador to Thailand Mr Li Bounkham made the remarks as he joined Nan province ...
Economists concerned about increase in non-performing loans
Economists have expressed concern over non-performing loans that banks have given to the private sector. Bankers said NPLs are currently higher than the rate of 3 percent set by the Bank of the Lao PDR, which could have negative impacts on financial and economic stability. ...
Tanmixay-Sikeuth road upgrade 10 percent complete
The 9.4 kilometre road running from the Tanmixay crossroads in Xaythany district to the Sikeuth junction on Road 13 North in Naxaithong district is undergoing an upgrade which is now 10 percent complete. The contractor, Tangchaleun Group Co., Ltd., says the project will be completed ...
WHO praises Laos' compliance with int'l health regulations
Laos will use the successful results of the Joint External Evaluation conducted by the World Health Organisation to promote professionalism and transparency in the health sector, Minister of Health Associate Prof. Dr Bounkong Syhavong has said. He made the comment at a closing workshop held ...
Govt orders further action to regulate timber industry, combat illegal logging
The government has entrusted a taskforce committee to take further action to strictly regulate wood processing businesses and clamp down on illegal logging after learning that issues continue to exist. The assignment was made after the cabinet was briefed at the government monthly meeting for ...
Ministries discuss major work roles and responsibilities
Representatives from three relevant ministries met on February 23 in Vientiane to discuss roles and duties in preventing and addressing the impacts of disasters and emergency incidents, addressing poverty, price adjustment of goods and other issues. The meeting was hosted by Ministry of Finance, with participation ...
Hot issues debated at cabinet meeting
A number of hot topics ranging from the illegal drug trade, measures to drive economic growth, and infrastructure development were tabled for debate at the monthly cabinet meeting which began on February 23. Chaired by Prime Minister Thongloun Sisoulith, the ordinary meeting for February heard ...
New decision aims to enhance project implementation and costings
A new draft Prime Ministerial Decision plans to make all government investment project costs and technical specification estimations subject to Ministry of Public Works oversight. According to the draft decision, only the relevant authority within the Ministry of Public Works and Transport will be able ...
Govt dealing with illegal petrol imports
New requirements for companies seeking to import petroleum to Laos are being reviewed or devised after the government made a decision last month to reduce the number of fuel companies from 22 to five. Those which fail to meet the new requirements will have to ...
Laos, Cambodia enhance longstanding relationship
Laos and Cambodia plan to continue to foster their deep, longstanding and traditional friendship, relations and solidarity. The two countries’ leaders made their intentions clear during a two-day state visit to the Kingdom of Cambodia by President Bounnhang Vorachit. President Bounnhang visited Cambodia from February ...
