News

China slowdown affects Phongsaly investment

Private sector investment in Phongsaly province in the far north of Laos has witnessed a slowdown since the economic setback in China driving down the prices of several products. The decline in global demand, particularly in China has discouraged entrepreneurs from that country coming to ...

More funding sourced for construction of Phongsaly provincial capital

A total of US$200 million has been sourced through a loan from China to finance construction projects relating to the new Phongsaly provincial capital in Bounneua district in the far north of Laos. Director of the Provincial Department of Planning and Investment Mr Khamlek Chay-isane ...

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