News
Govt, int'l organisations discuss SDG strategies
The government and international organisations with a presence in Laos have held a pre-consultation on the Sustainable Development Goals in preparation for the 2016 Round Table Implementation Meeting to be held from November 24-25 in Vientiane province. The 2016 Round Table Implementation Meeting SDG Pre-consultation took ...
UNESCO, government to train Bagan masons
The masons tasked with rebuilding hundreds of crumbling pagodas in Bagan will receive training from the UN Educational, Scientific and Cultural Organization and the Bagan Department of Archaeology, National Museum and Library later this month, department director U Aung Aung Kyaw told The Myanmar Times.`A 6.8-magnitude earthquake near ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...
Việt Nam to build more transparent gov’t, continue restructuring economy
Deputy Prime Minister Phạm Bình Minh said on November 3 at the Việt Nam Summit 2016 that the country would continue to focus on restructuring the economy, renewing its growth model and integrating into the global production and value chain. Minh, who is also Minister of ...
University needs to raise standards: PM
The National University of Laos should set its sights on national development, especially in terms of the quality of the graduates it is producing, as they are fundamental to the nation’s progress. The university is only in the initial stages of its success. There is still ...
Bancassurance has room to grow
The bancassurance model, while still relatively undeveloped in Cambodia, has huge potential to drive the growth of the insurance sector, financial industry specialists said during a conference in Phnom Penh on November 2. Robert Elliott, CEO of Manulife, said during a panel discussion that rising ...
‘Forward Cabinet’ meets to resolve problems in southern border provinces
The 13-member “Forward Cabinet” will meet with the heads of state agencies and private sector representatives to gather inputs for the “Triangle of Stability, Prosperity, and Sustainability” development project on November 2. The project is aimed at elevating three districts in the southern border provinces into ...
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. ...
