News

China-Lao rail workers may reach 100,000

The total number of workers needed for the Laos-China rail project throughout the five years of its construction could reach 100,000 people, Lao Deputy Prime Minister Somsavat Lengsavadhas has said. Keep reading ...

Vietnamese companies perform well in Laos

Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...

Question in Thailand's Nakhon Phanom: Disney Laos is a hoax?

Business leaders in Nakhon Phanom are scrambling for facts to verify the reported construction of Disney Laos, with fears that this could be a hoax which could spark land price speculation in the northeastern province. Charnyuth Uppapong, chairman of the provincial chamber of commerce, said on ...

Laos-China railway project expected to carry 3.8m passengers in first year

Domestic passengers commuting through the planned Laos-China railway project are expected to reach 3.98 million in its first year, a study has showed. The number of domestic passengers is forecast to rise to 6.11 million annually in the short term and jump to 8.62 million annually over ...

China starts rice imports from Laos

The first shipment of rice imports from Laos have passed through inspection and quarantine procedures at south China’s Shenzhen port, according to local authorities. The shipment weighed 87.8 tonnes and was valued at 746 million U.S. dollars, said the Shenzhen Entry-Exit Inspection And Quarantine Bureau. Keep reading ...

ASEAN chair provides opportunities, challenges for Laos

Assuming the chairmanship of ASEAN this year offers Laos a great opportunity but the country will face numerous challenges in leading the bloc, a senior official has acknowledged. Deputy Prime Minister and Minister of Foreign Affairs Mr Thongloun Sisoulith made the comment recently when speaking to Foreign ...

Brunei backs Laos' ASEAN chair preparations

The government of Brunei Darussalam has provided financial support to the Lao government as a contribution to the country’s work as the Chair of ASEAN this year. Keep reading ...

Luang Prabang town plans to expand

Luang Prabang provincial authorities have plans to expand the town to ease traffic congestion and in response to the increasing number of tourists to the World Heritage site. The Luang Prabang town expansion project covers 100 hectares of land starting from Donkeo village to Luang Prabang ...

Two Malaysian firms plan agarwood venture in Laos

Two Malaysian companies plan to invest US$18 million (RM79 million) for the inoculation of agarwood in Laos that is expected to generate US$200 million in three years. Agriculture transaction company Aseagate (M) Sdn Bhd, forestry management company Richwood Capital Sdn Bhd, together with non-governmental organisation Global ...

Auditor proposes tax exemption review

The State Audit Organisation (SAO) has proposed that the Ministry of Finance’s Department of Customs review tax exemptions and provide detailed accounts of the implemented financial measures. The proposal was included in the audit report, as part of the final implementation report of the 2013-2014 state ...

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