News

Fifty officials sanctioned for corruption in Saravan

Fifty provincial authorities in southern Saravan province under investigation by inspection authorities have been found to have been receiving bribes over the past five years.​ The Provincial Committee of the State and Party Inspection, Mr Khamchan Chemsamone reported at the third meeting on work inspection ...

Asia leaders off-the-mark to congratulate Trump on victory

Philippine President Rodrigo Duterte congratulated US President-elect Donald Trump, hoping for ‘enhanced Philippines-US relations’ while Bangladesh’s Sheikh Hasina invited Trump and his wife to visit Bangladesh. Leaders across Asia congratulated Republican Donald Trump on winning the bitterly fought US presidential election. Philippine President Rodrigo Duterte extended his wishes to the US ...

VN five-year economic plan to focus on non-state sector

Minister of Planning and Investment Nguyen Chi Dung spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the five-year economic restructuring plan. Is it feasible to raise two thirds of the capital resources required in the next five years (2016-2020) for economic ...

Poverty reduction slows

Poverty reduction has slowed a little but the government will strive to reduce the number of poor families from 6.56 percent in 2016 down to 6.09 percent by 2017, the government has told the National Assembly. There are four main reasons for the slower rate ...

Government accedes to requests of UN resident coordinator and diplomatic missions

Union officials on November 3 said they had satisfied the requirements of diplomatic officials for northern Rakhine State in the aftermath of the deadly armed attacks of October 9. Union Minister for Border Affairs Lt-Gen Ye Aung, Chief Minister of Rakhine State U Nyi Pu ...

President inspects Biluchaung Hydro-power Plant 2 in Kayah State

President U Htin Kyaw, together with Union Ministers U Than Myint, U Thein Swe and U Pe Zin Tun and Deputy Minister Maj-Gen Than Htut, visited Loikaw in Kayah State on November 3 and met with local officials, entrepreneurs, farmers and residents in Linphonlay Village. The ...

B127bn earmarked for rice scheme

The government’s scheme to delay releasing 10 million tonnes of new rice supply to the market, aimed at propping up sinking prices, will use a combined 127 billion baht in loans and subsidies, says the chief of the Bank of Agriculture and Agricultural Cooperatives. Of ...

ASEAN figure out improvements to statistical systems

The Sixth Session of the ASEAN Community Statistical System Committee on November 1 opened in Vientiane to discuss ways to improve the statistical systems used by the committee. The meeting was attended by Minister of Planning and Investment Dr Souphanh Keomixay, Head of the Lao Statistics Bureau ...

South Korean investors lambast business obstacles in field

South Korean investors have begun complaining of irregularities they face in running their operations in Indonesia, amid the government’s efforts to improve the business climate. Despite applauding Indonesia’s attempts to ease the business atmosphere by issuing economic policy packages, the Korean Chamber of Commerce and ...

Tobacco law loophole under review

The Excise Department may ask the government to allow the legal import of electronic cigarettes and baraku, which would be taxed like cigarettes, says director-general Somchai Poolsavasdi. He said the department has noticed a loophole in the current tobacco law, which does not define these products ...

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