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Macau Legend Signs Definitive Sale Documents With Lao Government for Savan Vegas

Macau Legend Development Limited (Macau Legend) today has signed the definitive sale documents, including the Project Development Agreement (“PDA”), the Asset Purchase Agreement (“APA”), the Flat Tax Agreement (“FTA”) and Land Lease Agreement (“LLA”) with a company wholly-owned by the Government of the Lao People’s Democratic Republic (“Lao PDR”) to purchase the Savan Vegas Hotel and Entertainment Complex, a full-service casino, hotel and resort located in Savannakhet Province in Laos.

Laos Among Countries With Highest Incidence Of Liver Cancer In The World

Liver cancer is becoming a health concern in Lao PDR. The country has the highest leading cause of liver cancer in the South East Asia. Liver cancer in Lao PDR is mainly caused by alcohol consumption, in particular among the adult population. The country has no official registry for liver cancer deaths but it is estimated than one in every ten deaths is liver cancer related. The country has no capacity to treat cancer thus most of the patients are referred to countries like India for specialized treatment. According to World Cancer Research Fund, cases of liver cancer are standardized at 52.6 per 100000 people.

Source: World Atlas

Laos Well Prepared to Host Foreign Media for ASEAN Summits

Over 5,000 official delegates, business leaders of whom 200 are foreign media personnel will attend and cover the 28th and 29th Asean Summits to be held back-to-back in Vientiane early next month.

RHB Lao Junior Football Cup Kicked Off to Develop Youth’s Football Skills

The RHB Banking Group has organised the football competition – the RHB Lao Junior Football Cup – as an inaugural football tournament to empower and inspire children to overcome life’s challenges by promoting confidence, hope and the camaraderie that comes through sports.

Indonesia Celebrates Independence Day in Laos

The Indonesian Embassy in Vientiane last Friday celebrated the 71th anniversary of Independence of the Republic of Indonesia.

2,800 People Infected with Dengue Fever Nationwide

More than 2,800 people across the country have been infected with dengue fever beginning since January this year with nine patients dead, Laophattana newspaper reported yesterday.

Government Enforcing Revenue Collection Measures

The Ministry of Finance is committed to carrying out stronger measures to increase revenue collection for the rest of the fiscal year to offset shortfalls recorded in the first 10 months.

Longrich Introduces Bioscience Products in Laos

Longrich Bioscience Company, in collaboration with the Technology and Innovation Department under the Ministry of Science and Technology has introduced its bio-sciences products in Laos.