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Thieves, Trophies, Weed and Mountains – This Week In Social Media

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Laotian Times
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Thieves, Trophies, Weed and Mountains – This Week In Social Media

The Laotian Times brings our readers a round-up of some of the most shared topics this past week, based on reach and engagement on Facebook. From Khaen-playing Californians and public servants smoking weed to flower thieves and emotionally charged national pride, this list summarizes the types of content that are wildly consumed on Lao social media.

 

Economy Good, Corrupt Officials Bad

Parliament representative of Vientiane Capital, Saythong Keoduangdy vehemently spoke out against corruption within the state’s revenue collection organs. The former Vice Mayor of Vientiane Capital lashed out at colluding public officials responsible for stealing hard-earned tax money that is supposed to contribute to government coffers. Keoduangdy warned that if unscrupulous civil servants were to go unchecked, the government would get poorer and poorer.

“It’s not correct to think that the economy is in decline. Have a look at the vibrant international border checkpoints that are bustling with trade. Even in Vientiane Capital, commerce and productivity are high. Transport vehicles carrying goods and night are clear evidence that the economy is not in decline. We need to impose the full force of the law against these corrupt officials at any level and sector of the government.”

ທ່ານສາຍທອງ ແກ້ວດວງດີ ສສຊ 1 ນະຄອນຫຼວງວຽງຈັນປະກອບຄຳຄິດຄຳເຫັນກ່ຽວກັບການເກັບລາຍຮັບບໍ່ໄດ້ຂອງ #ຂະແໜງສ່ວຍສາອາກອນ. ພະນັກງານ ໃນຂະແໜງການດັ່ງກ່າວ #ລຳ້ລວຍຜິດປົກກະຕິ ໂດຍເງີນເດືອນສໍ່າກັນກັບພະນັກງານລັດຖະກອນທົ່ວໄປ.

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນເສົາ ທີ 23 ພະຈິກ 2019

Jingle Bells via Khaen

To help celebrate the Christmas holiday, American musician Jonny Olsen took to Facebook and played Jingle Bells on his favorite Lao instrument, the Khaen. In the video, Olsen stands in front of a beautifully decorated Christmas tree and before playing the beloved tune, speaks to the audience in what sounds like a very proficient southern accented Lao.

Jonny Olsen ເປົ່າແຄນລາວ ໂອກາດເທດສະການ ຄຣິສມາດ, ມ່ວນແທ້ໆ

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນເສົາ ທີ 23 ພະຈິກ 2019

The Lao Greta Thunberg

To mark 30 years of the Convention on the Rights of the Child, a Global Summit was held at the United Nations Headquarters in New York. In this video, Nickar Panyphorn, fifteen-year-old Lao student, addressed global leaders and told them of her desire to see action taken on the issue of children’s’ right to education.

ຢາກໃຫ້ເດັກນ້ອຍລາວທຸກຄົນ ມີໂອກາດໄດ້ ຮຽນຈົບຊັ້ນປະຖົມ-ມັດທະຍົມ ພາຍໃນປີ 2030ໃນວັນທີ 20 ພະຈິກ 2019 ທີ່ນິວຢອກ, ປະເທດ ສະຫະລັດອາເມລິກາ, ນາງ ປານີພອນ ວົງມາລາ ອາຍຸ 15 ປີ ຈາກໂຮງຮຽນ ມັດທະຍົມສົມບູນວຽງຈັນ ໄດ້ຖືກຄັດເລືອກເປັນຕົວແທນ ເດັກ ນ້ອຍລາວ ຂຶ້ນກ່າວຄຳຄິດເຫັນ ກ່ຽວກັບການສຶກສາ ຢູ່ທີ່ກອງປະຊຸມລະດັບສູງຂອງສະມັດຊາໃຫຍ່ ອົງ ການສະຫະປະຊາຊາດ ເນື່ອງໃນໂອກາດ ວັນສະເຫລີມສະຫລອງ ວັນເດັກນ້ອຍໂລກ ແລະ ວັນຄົບຮອບ 30 ປີ ຂອງການຮັບຮອງເອົາ ສົນທິສັນຍາວ່າດ້ວຍສິດທິເດັກ.ນາງ ປານີພອນ ວົງມາລາ ໄດ້ໃຫ້ທັດສະນະວ່າ: ຢາກໃຫ້ເດັກນ້ອຍລາວທຸກຄົນມີໂອກາດ ໄດ້ຮຽນຈົບຊັ້ນປະຖົມ ແລະ ມັດທະຍົມ ພາຍໃນປີ 2030, ຂະນະທີ່ຢູ່ເຂດຊົນນະບົດ ຫ່າງໄກສອກຫລີກ ຂອງສປປ ລາວ ຍັງມີເດັກນ້ອຍຈຳນວນຫລາຍ ທີ່ອອກໂຮງໂຮຽນກ່ອນຈົບຊັ້ນມັດທະຍົມ ໂດຍສະເພາະໃນກຸ່ມເດັກຍິງ. ສະນັ້ນ, ພວກເຮົາຈະຊ່ວຍກັນດຳເນີນການແນວໃດ ເພື່ອຮັບປະກັນໃຫ້ຊາວໜຸ່ມ ແລະ ເດັກນ້ອຍລາວທຸກຄົນກາຍເປັນກຳລັງແຮງຂອງປະເທດຊາດ, “ຂ້າພະເຈົ້າ ຂໍຮຽກຮ້ອງໃຫ້ທຸກໆທ່ານໃນມື້ນີ້ ຊ່ວຍຄິດຄົ້ນຫາວິທີຊ່ວຍພວກເຮົາ ເພື່ອໃຫ້ເດັກນ້ອຍໄດ້ຮັບການສຶກສາທີ່ມີຄຸນນະພາບ.ຄລິບ: UNICEFຂ່າວ: ຂປລ

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນອາທິດ ທີ 24 ພະຈິກ 2019

Phou Phieng Fa

As far as mountain top views go, there are few places that could match the beauty of the vistas seen from this location in Poukhoun Village in Vientiane Province. The stunning shots show breathtaking views of high mountains soaring high above the clouds. The caption and check-in location perfectly describe what the audience sees in the pictures, “where the mountains meet the skies.”

ພູພຽງຟ້າ

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນອາທິດ ທີ 24 ພະຈິກ 2019

Photogenic Bridges

As far as bridges in Laos go, very few are quite as photogenic as the Phathang bridge. This 360-degree aerial shot gives us a rare look at the blend of lush green scenery, temple spires, and rivers that surround this often overlooked bridge in Vang Vieng.

ຂົວຜາຕັ້ງ, ເມືອງວັງວຽງ, ແຂວງວຽງຈັນສວຍງາມ ອີຫຼີເນາະ! #ທ່ຽວເມືອງລາວງາມແທ້ໆຂອບໃຈພາບ 360 ງາມໆ ຈາກ © TF Travel

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນຈັນ ທີ 25 ພະຈິກ 2019

Smoking Weed…or rather…Weed Goes up in Smoke

On the evening of 25 Nov, a special government task force destroyed 386 marijuana trees that villagers had been illegally growing in Thonghab Village, Pakkading District (Bolikhamxay Province).

ຕອນແລງວັນທີ 25 ພະຈິກ 2019 ຜ່ານມານີ້ ຢູ່ເມືອງປາກກະດິງ ແຂວງບໍລິຄຳໄຊ ໄດ້ມີຄະນະກຳມະການສະເພາະກິດລົງທຳລາຍສວນປູກກັນຊາ ຈຳນວນ 386…

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນຈັນ ທີ 25 ພະຈິກ 2019

Trophy Trouble

What event could be more popular on social media than a Lao sports team placing second in an international competition?

ຊົມເຊີຍອີກຄັ້ງ

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນອັງຄານ ທີ 26 ພະຈິກ 2019

Lao nationalist pride online quickly turned emotionally violent when it came to pass that the awarding of medals and trophies did not go as planned. Petanque Federation President Claude Azema unknowingly upset thousands of Lao sports fans by his careless gesture of placing the trophy at the feet of one of the players. Azema has since come out and explained the situation as well as offering a sincere apology for any offense that he has caused.

https://www.facebook.com/WorldSportOrganizer/videos/528118328036224/

Shared Kindness

This story with a happy ending deserves to be told. A Thai musician by the name of Pongsapon Upani found lost items that belonged to a foreign traveler in Laos and posted a message to the owner of the items on Facebook. The owner is said to have seen the heavily shared post and got in touch with the man and managed to recover her passport, tablet, and other valuables. The photos show a teary-eyed woman, relieved to have regained her belongings, and grateful for the kindness shown to her.

ອັບເດດລ່າສຸດ ເຈົ້າຂອງເຄື່ອງມາຮັບເອົາເຄື່ອງແລ້ວເດີ້…ຂໍຂອບໃຈອາຈານ ອົ້ນແຄນຂຽວ Pongsapon Upani ຜູ້ເກັບໄວ້ໃຫ້ | ຄວາມດີເຖິງຈະເປັນເລື່ອງເລັກໆນ້ອຍໆແຕ່ມີຄວາມໝາຍຍິ່ງໃຫຍ່ສະເໝີ

Posted by Una Studio – ຢູ່ນາສະຕູດິໂອ on ວັນຈັນ ທີ 25 ພະຈິກ 2019

Dancing Our Way to UNESCO Status?

In this dated video clip, a young man and woman gracefully demonstrate the proper way to dance the traditional Lamvong. It has been rumored that Laos is preparing to register the age-old dance as a UNESCO World Intangible Cultural Heritage status.

ບ່າວສາວທີ່ກຽມແຕ່ງງານຄວນຊ້ອມໄວ້ດີໆເພື່ອຄວາມສວຍງາມເວລາເປີດຮອບລຳວົງ

Posted by Bounthieng Soulinh on ວັນເສົາ ທີ 23 ກຸມພາ 2019

Flower Thief

CCTV footage of a man unabashedly stealing flowers early in the morning has shocked people. In this viral video, an unidentified man is seen driving to the shop and stealing several pots of plants and flowers.

ເອົາໄປສົ່ງຄືນເພີ່ນສາເດີຂີ່ລົດໃຫຍ່ມາລັກຄົນລັກຕົ້ນດອກໄມ້ຢູ່ແຖວດົງປາລານ ຕັ້ງຈອດແລ້ວກໍເອົາໄປເລີຍແບບຫນ້າຕາເສີຍ

Posted by ໂທລະໂຄ່ງ THOLAKHONG on ວັນອາທິດ ທີ 1 ທັນວາ 2019

Death by Darkness

On November 28, it was reported by Vientiane Rescue 1623 that a 19-year-old male was instantly killed as his motorcycle crashed into a lamp post near Dongmakhai market on the outskirts of the capital. It is surmised that the accident was caused by an insufficiency of light on the road.

Image may contain: one or more people, night and outdoor

Happy National Day!

Finally, when people were reminded that they had a long weekend (National Day Weekend) to look forward to, they quickly spilled the beans on where to take their families. From local tourist destinations near and far to roadside restaurants and fictitious places, people had lots of fun by sharing pictures of everything under the sun. Happy Lao National Day!

https://www.facebook.com/tholakhong/photos/a.636550893043253/2902439066454413/?type=3&theater

Lao Communities Making a Difference in Ending AIDS by 2030

By
Laotian Times
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Lao Communities Making a Difference in Ending AIDS by 2030

World AIDS Day marked on 1 December brings forward the discussion on ending the AIDS epidemic by achieving “zero” by 2030: Zero New Infections, Zero Discrimination, and Zero Deaths.

About 1.7 million people globally were newly infected with HIV in 2018, while an estimated of 8.1 million people are still not aware that they are living with HIV. To realize the global ambition targets, enhancing collective efforts and cooperation is required at all levels.

In Laos, progress has been made towards the 2020 fast-track target, with 85% of the estimated 12,000 people living with HIV currently knowing their status. With the joint efforts of the Lao government, partners and civil society organizations, coverage of the services has been extended. The HIV prevention programs are currently available in five provinces for female sex workers and men who have sex with men.

Communities have been actively engaged in service delivery for the above-mentioned categories and transgender people for more than 10 years through peer-led services.  People living with HIV make an essential contribution to the national and local response, working hand in hand with health service providers at 11 Antiretroviral Treatment sites to ensure that their peers get early treatment and good care and support.

“Exposure of population to HIV/AIDS is a cross-cutting issue which often carries negative implications in multiple dimensions. When this happens, it can slow the progress towards the national goals of the 2030 Agenda for Sustainable Development. It is important to support and enhance the efforts of the Government and partners, including at the community level, to ensure that Lao Generation 2030 is free from HIV, and the most vulnerable and marginalized groups are reached, so that no one is left behind”, said Sara Sekkenes, UN Resident Coordinator in Lao PDR.

Despite the achieved progress, challenges persist, with only 54% of the people living with HIV currently having access to treatment. Attention should also be drawn to the alarming increase in HIV prevalence among men who have sex with men from 1.7% in 2014 to 2.5% in 2017, while in Vientiane Capital this indicator stands at 7%. The prevalence of sexually transmitted infections among female sex workers also stands at a high rate of 31%. Furthermore, adolescents and youth are especially vulnerable to HIV infections, as recent reports show that only 31% women and 46% men aged between 15-24 used condom in their last sex. The low HIV/AIDS knowledge among the general population also raises concerns, with only 19% female and 26% male having a comprehensive understanding of the subject.

“Greater mobilization of communities and investment is needed to ensure that the HIV/AIDS response remains relevant to fulfill Lao PDR’s commitment to end AIDS by 2030”, said Thongdeng Silakoune, UNAIDS Country Manager in Lao PDR.

One of the factors of Lao PDR’s increased vulnerability to HIV/AIDS is the high HIV prevalence in the neighboring countries. In addition, one of the implications brought by large infrastructure projects such as dams, speed railways or highways, while necessary for the economic development, is the risk of increased exposure of the local population to HIV spread. The influx of male migrant workers, poverty and lack of healthcare services can also contribute to increased vulnerability to HIV among young women in particular.

Lao Community Workers Make a Difference in Ending AIDS
Lao Community Workers Make a Difference in Ending AIDS

Increased involvement of communities can pave the way for enhancing responsiveness to community needs. In light of the first-ever significant decline of global resources for AIDS response by nearly US$ 1 billion in 2018, community response is crucial to fill in the resources gap. While the Government of Lao PDR has remarkably increased its investment in the HIV/AIDS response, the available resources need to be further increased to meet the vast demand.

“In every country, it is crucial that quality HIV prevention and treatment services reach everyone who needs them, leaving no one behind. Engaging communities is a key way of achieving this”, said Dr Mark Jacobs, WHO Representative in Lao PDR.

The 2016 United Nations Political Declaration on Ending AIDS recognized the critical role of communities in HIV/AIDS response. Community-led organizations by and for people living with HIV can accelerate the country’s progress on the path to ending AIDS, contributing to the sustainable and inclusive development for all people in Lao PDR.

Miss Universe Laos Receives Heartwarming Welcome From Fans in Atlanta

By
Laotian Times
-
Miss Universe Laos Receives Heartwarming Welcome From Fans in Atlanta
May Vichitta at airport in Atlanta

Vichitta “May” Phonevilay left Vientiane on Wednesday to compete in the 68th edition of the International Miss Universe Pageant in Atlanta, Georgia in the United States. Upon her arrival, the reigning Miss Universe Laos of 2019 was greeted with fanfare and applause from the crowd of primarily Lao-American fans who had been anxiously awaiting her arrival to cheer her on.

https://www.facebook.com/vichitta.phonevilay/videos/155123675805873/

“Its super warm welcome me! So impressive 😆 very appreciated Lao Community in Atlanta for your support,” May wrote from her Facebook account.

Image may contain: 1 person, smiling
May Vichitta at airport in Atlanta

May Vichitta was delighted to have visited a Lao family in Atlanta that graciously took her sightseeing.

https://www.facebook.com/vichitta.phonevilay/posts/155355069116067

May Vichitta, 23-year-old native of Bolikhamxay, will take to the stage at the Miss Universe Competition on December 9, becoming the third contestant from Laos to participate in the prestigious and internationally-recognized Miss Universe Competition.

Image may contain: 15 people, people smiling, crowd and indoor
May Vichitta poses with fans at airport in Atlanta

May Vichitta’s presence on the world beauty platform is expected to further enhance Laos’ image in the international arena.

Image may contain: 1 person, smiling, standing

Image may contain: 1 person, closeup

Image may contain: 1 person, standing

Image may contain: 1 person, smiling, closeup

Image may contain: 1 person, closeup

Image may contain: 1 person

Image may contain: 3 people, people smiling

This year, May Vichitta’s talent management and public relations team is led by famous Lao singer model and actress, Tot Lina. Members of the team include big names such as celebrity stylist, Alex, and fashion photographer, Lou Sensouphone.

https://www.facebook.com/superme.vilouna/posts/10217902448167219

Thailand Considers Double Visa, 24-Hr Nong Khai Checkpoint

By
Laotian Times
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Thailand Considers Double Visa, 24-Hr Nong Khai Checkpoint

According to reports in the Thai media, the Kingdom of Thailand is set to introduce a double visa, allowing visitors to exit the country and re-enter, and may open the Nong Khai checkpoint 24-hours.

The news comes after Thailand began enforcing strict new visa policies in 2016, allowing foreigners of many nations only two entries by land per year.

The 2016 policy change deeply affected expatriates living in Laos, many of whom had previously traveled to Thailand for leisure or for medical reasons on a weekly or daily basis.

A report in The Thaiger today quotes Deputy Secretary-General to the Thai PM, Kobsak Pootrakul, as saying a double-entry tourism visa will be introduced. The new visa will allow visitors to enter, leave, and then re-enter Thailand during their stay in the Kingdom.

According to other reports, Mr. Kobsak has even said that a multiple entry visa may be considered in the future.

Thailand hopes to bring 42 million visitors to Thailand in 2020, after various factors, including an ultra-strong baht, have slowed tourism in the land of smiles.

The new double visa could help the country see more visits from expatriates in neighboring countries, including Laos, and entice tourists to re-enter Thailand after visiting other countries.

24-Hour Visa Checkpoint at Nong Khai

Reports from Thai media are also stating that the border checkpoint at Nong Khai could be set to open 24-hours.

The new hours would be trialed for three months, and if successful would continue.  So far, no official statement has been made by Lao authorities in regard to 24-hour operations at the border.

Visitors Treated to Coastal, Cultural, Culinary Landscapes in Busan

By
Laotian Times
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Visitors Treated to Coastal, Cultural, Culinary Landscapes in Busan

Korea’s strong presence on the landscape of pop and traditional culture, cuisine, fashion, and beauty has taken the region and much of the wider world by storm since the early 2000s.

In Laos, like elsewhere in the emerging economies of Southeast Asia, so much of Korea from K-Pop, K-drama to K-cosmetics and beyond have been making huge inroads with the young and young at heart alike.

These attributes are inspiring more of the region’s younger generation to seek opportunities to their northeast, whether it’s taking up Korean studies to sing or seek out employment and business with this soft power.

Peace, Prosperity, and Partnership in Busan

While more people than ever are looking to Seoul for their cues to divining the “Miracle on the Han River”, it is South Korea’s remarkable southern coastal city of Busan that is increasingly in the spotlight for its coastal leisure, culture, cinema, and cuisine.

This was no doubt in the minds of Southeast Asia’s leaders, including Laos’ Prime Minister Thongloun Sisoulith, attending the ASEAN-Korea Commemorative Summit 2019 under the theme “Peace, Prosperity and Partnership” in Busan from November 24-26, 2019.

Busan: A Visitor’s Dream

Coastal and mountaintop vistas, fusions of culture old and new, and traditional to ultra-modern aesthetics make Busan a dream for the potential visitor.

Busan by night. Photo credit: Phoonsab Thevongsa

Must-see sites on a Busan itinerary include sightseeing at Haeundae Beach, Busan Tower, Nurimaru APEC House, and Mount Hwangnyeong. Overload on Korean culture at the Busan Cinema Center, BIFF Square, Haedong Yonggung seaside temple, and Gamcheon Culture Village.

Shadow of media reporter under sunny skies at Haeundae Beach

Whet one’s appetite at Jagalchi Fresh Seafood & Souvenir Shop at Gukje Dry Goods Markets or browsing in busy Seomyeon. Enjoy great consumer local and international varieties at formerly the world’s largest shopping complex, the Shinsegae Centum City Department Store.

Korean market vendor shows live octopus for sale at Jaglachi fish market
Nampodong market street food
Traversing Nampodong market

While traversing the town, witness the amazing infrastructure and architecture including the 7km-plus Gwangan “Diamond” Bridge that has provided the setting for films including Marvel’s famous Black Panther.

Once South Korea’s popular domestic honeymoon destination before travel abroad became more accessible, Busan retains its romantic, seaside charms despite the plethora of high rise developments that have changed much of the face of the city over recent decades.

Seaside charm of Busan’s coast. Photo credit: Phoonsab Thevongsa

With a wide range of food for visitors to enjoy and marvelous feats of modern engineering, there is something for almost everyone to admire in this densely populated seaside strip set among rising hills.

Such strengths were on show as ASEAN Heads of Government and some 300 attendees at a banquet in Busan hosted by the Republic of Korea’s President, Moon Jae In.

The region’s political leaders and top diplomats were just some of those treated to hospitality in the coastal city.

From filmmakers to tourism operators, news media and social influencers, business startups to fashion houses, Busan’s beauty has been beckoning with generous welcomes to experience and promote its take on Korean cuisine, coffee, cinema, and business start-up opportunities in the lead up to the ASEAN-Korea Commemorative Summit 2019.

Filmmakers, Media & Fashionistas

Among the first to arrive in Busan was Laos’ award-winning feature filmmaker Mattie Do, lighting up the screen at Busan International Film Festival with her film, The Long Walk.

Award-winning Lao filmmaker Mattie Do walks the red carpet at the International Film Festival. Photo courtesy: Mattie Do FB Page
Mattie Do waving to media and fans. Photo courtesy: Mattie Do FB Page

Hot on her heels was esteemed Lao photographer Phoonsab Thevongsa, a photojournalist whose work has been recognized by both local and international news agencies.

Capturing the spirit of the city, Thevongsa took in many sights, capturing them to share with a wide audience at home in Laos and beyond.

Phoonsab was joined in Busan by veteran Vientiane-based Australian media contributor, correspondent Steven Cleary, supporting and promoting ongoing media development in Laos.

ASEAN News Media posing for a group picture in Busan

With them were some 36 personnel from across ASEAN’s traditional and new media, reporters, photographers, and social media stars from Laos’ ASEAN neighbors, from Brunei all the way to Vietnam.

ASEAN news media personnel

Not to be outdone, fashion creators from Laos joined Korean and ASEAN colleagues including the founder of Lao Fashion Week and Ministry of Silk Ms. Pany Saignavong and Lao weaving master Viengkham Nanthavongdouangsy of KHANG.

Busan Means Business 

South Korea’s New Southern Policy has the country reaching out to new and emerging trade opportunities in ASEAN, seen rarely if ever before.

Laos’ own award-winning startup Ai Hak was among the startup businesses present in Busan to hear more while polishing business plans and making their own pitch to potential investors.

IR Pitch Complete: Invest in Jobs, Invest in AiHak! #qualifiedfreelancers #someoneyoucantrust #makingiteasy #getthejobdone

Posted by Ai Hak on ວັນພະຫັດ ທີ 21 ພະຈິກ 2019

Taste of Korea in Vientiane

Lao folks in the capital were not left out as Korean entertainment, traditional culture and cuisine landed at Vientiane Center Shopping Mall in the form of Taste of Korea 2019.

Taste of Korea 2019

Posted by Laos Briefly on ວັນເສົາ ທີ 23 ພະຈິກ 2019

Taste of Korea 2019

Posted by Laos Briefly on ວັນເສົາ ທີ 23 ພະຈິກ 2019

Politics & Diplomacy

“We are facing such new challenges as protectionism, transnational crime, and the Fourth Industrial Revolution,” South Korean President Moon Jae In told ASEAN leaders, stressing the need for stronger ties between South Korea and ASEAN following their 30th year of dialogue relations.

The 2019 ASEAN-Korea Commemorative Summit was co-chaired by Moon and ASEAN’s 2019 chair Thailand’s Prime Minister, Prayut Chan-o-cha.

“Only our cooperation and solidarity can help us prevail over the challenges,” Mr Moon said.

Busan Discusses River Basins’ Development

It comes as leaders of South Korea and ASEAN’s five Mekong nations agreed to prioritize cooperation in seven fields, stepping up efforts to synergize Korea’s development experience and the Mekong region’s growth potential.

Mekong-Republic of Korea cooperation is planned in a) culture and tourism, b) human resources development, c) agriculture and rural development; d) infrastructure; e) information and communication technology (ICT); (f) environment; and g) non-traditional security challenges, according to a joint statement issued after the inaugural Mekong-Republic of Korea Summit in Busan entitled “Mekong-Han River Declaration for Establishing Partnership for People, Prosperity and Peace.”

Traveling On Busan Time

With so much of what Korea has to offer offered at a more relaxed seaside speed than the hectic pace of its more famous capital Seoul, Busan has something for both business and leisure travelers’ tastes.

So with Summit affairs over, the end of year festive season upon us and 2020 just around the corner, it might be the best time to say a big “Bpai Bpai” to Busan, Korea’s southern gateway.

Busan (Gimhae Airport) is accessible via direct flight from Vientiane Capital (Wattay International Airport) via Air Busan or through its busy port and international cruise terminal. Busan is a city that is more than ready to attract more and more ASEAN visitors including those from Laos.

The Laotian Times was privileged to have been invited to travel to Busan with the generous sponsorship and support of the Busan Tourism Organization.

Petanque Federation President Speaks Out over Laos Trophy Incident

By
Laotian Times
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Petanque Federation President Speaks Out over Laos Trophy Incident

The president of the International Petanque Federation has spoken with the Laotian Times to clarify the trophy handover incident.
The bizarre incident, which caused a stir in Lao social media, was caused by a simple misunderstanding and sudden changes to the scheduling of medal presentations on the part of the event organizers.

Mr. Claude Azema, President of the International Federation of Petanque, or Federation Internationale de Petanque et Jeu Provencal (FIPJP) in French, presented medals to the winning teams at the conclusion of the World Petanque Championships in Cambodia, in which the Lao team took second place.

Following the presentation of medals, a trophy was presented to Ms. Bolivak Thepphakan, who took her team to second place in the tournament. Rather than handing the trophy to her directly, Mr. Azema placed it on the floor.

The Laotian Times contacted Mr. Azema yesterday and promptly received a letter of explanation clarifying the misunderstanding.

He explained that traditionally the protocol of the World Championships designate the presentation of medals at the podium, in line with that of the Olympic Games and the SEA Games. However, the Cambodian hosts of the championship made a sudden, last-minute change to the schedule, requesting that trophies be presented at the podium.

This presented Mr. Azema with a dilemma, as athletes already had their hands full holding medals and national flags for photographs.

“I was called upon four times to deliver silver medals, and also the corresponding trophies, one for each athlete and one for the coach,” said Mr. Azema in his letter.

“Each time I advised the athletes to think of putting the cups and the FIPJP trophies on the ground in front of them so that their medals would be clearly visible in the photos, especially since most of them also held their national flag with their hands.”

“I systematically went around the four teams already on the podium to congratulate them and give them the same advice. Everyone will be able to see that most teams have followed this advice practically on all the podiums,” he said.

Other teams did indeed place their trophies on the floor, however, the photograph of the Lao team receiving the trophy at their feet was misunderstood and, taken out of context, quickly went viral.

Laos Women's Team Upset by Petanque Trophy Incident

According to Lao custom, the feet are considered the lowest part of the body, and leaving a trophy at the feet is considered disrespectful.

Mr. Azema was just as surprised as anyone when asked to hand the trophies over at the podium when typically trophies are handed over at the closing meal.

“Everyone knows for a long time in the world of Pétanque and elsewhere that I have the greatest respect towards all the players, whatever their origin and their level, and that I even manage to have cordial relations with many of them.”

“Nevertheless, if you consider that I did not behave well on this occasion, I beg you to understand the reason behind this incident and accept my apology from the depths of my heart. It is not my intention, nor has it ever been, to cause any offense, and I am really grieved to have been so badly reflected in social media.”

“I will also be present in Manila for the Petanque events of the SEA Games, and I hope to be able to give one more medal or two to your players – there will be no trophies! – and I hope that the Lao team will discuss with their shooter (with an interpreter please) to explain if necessary and together make a beautiful photo.”

Mr. Azema went on to say that he has ensured that Laos will be part of the teams invited for the 2020 petanque championships that will take place in France in October.

Lao Stock Exchange Sees Steady Growth

By
Laotian Times
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Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which have been able to issue stock and raise over LAK 6.7 trillion (approximately USD 750 million). There are currently over 15,000 individual brokerage accounts that have invested in corporate stock in Laos’ primary stock exchange.

“Over the past nine years since the 10th of October, we have had many successes,” says Oth Phonhxiengdy, CEO of the Lao Securities Exchange.

The Lao Securities Exchange Building

The stock exchange has allowed 11 local companies to finance their corporate activities by selling LAK 6.7 trillion worth in equity, an option that is financially more attractive than bank loans, where the borrowing company is legally bound to pay back its lenders with interest. A publicly listed company is not obligated to pay back the equity investment within any specified time frame.

The importance of a stable and growing stock exchange

With a modern and safe T+2 settlement system and its digital “Home Trading” system, the Lao Securities Exchange (LSX) has become known as a transparent and neutral entity in facilitating the process of buying and selling stock, raising the country’s financial profile and making it easier to attract foreign direct investment.

By listing their stock on the exchange, local companies are able to upgrade their reputation and signal to the public that their companies are financially viable and ready for growth and expansion.

The listing also conveys the message that these companies are willing to go to the next step in terms of their business vision. In addition, as the principles of business transparency are paramount and implemented strictly by the Lao Securities Exchange, it becomes more convenient for the government to collect tax revenue from larger businesses.

Also, the efficiency and professionalism of stock exchange have had a salutary effect on investor perception on Lao government bonds, instilling trust and confidence in the government’s governance capacity and economy.

As more and more companies list, it is expected that Laos will be seen as a destination for further investment, rendering the country higher on the Ease of Doing Business index, a policy strongly advocated by current Prime Minister Thongloun Sisoulith.

Image may contain: 1 person, table and indoor
Prime Minister Thongloun Sisoulith speaking at the 12th Lao Business Forum. Photo credit: Austcham Lao PDR FB Page

What’s next for the LSX?

The LSX aims to generate further public awareness of the benefits of investing in stock and the value of a strong and stable exchange for the country’s economic growth. By engendering a genuinely attractive investment climate and adhering strictly to strong corporate governance principles, the LSX hopes to be able to ensure that listed companies deliver dividends on time and attract even more companies to register on the exchange. It also expects to develop new financial products like Provident and mutual funds and incentivize more asset management companies to emerge.

Lao Asean Leasing Public Company (LALCO) is the latest company to register on the exchange, officially trading as of October this year.

The 11 companies that are listed on Lao stock exchange are:

  • Banque Pour Le Commerce Extérieur Lao Public (BCEL)
  • EDL Generation Public Company (EDL-Gen)
  • Lao World Public Company (LWPC)
  • Petroleum Trading Lao Public Company (PTL)
  • Souvanny Home Center Public Company (SVN)
  • Phousy Construction and Development Public Company (PCD)
  • Lao Cement Public Company (LCC)
  • Mahathuen Leasing Public Company (MHTL)
  • Lao Agrotech Public Company (LAT)
  • Vientiane Center Lao Public Company (VCL)
  • Lao ASEAN Leasing Public Company (LALCO)
Stock prices of Lao-listed companies as of 28 Nov

Laos, S Korea to Develop Port Management Information System

By
Laotian Times
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Laos, S Korea to Develop Port Management Information System

Laos and South Korea have agreed to jointly develop a port management information system in the landlocked country.

Under a memorandum of understanding signed November 26 at the First Mekong-Republic of Korea Summit held in Busan, the two countries agreed to jointly develop and manage the system, as well as nurture talent, share information and know-how, and discuss how to source necessary resources.

Laos is currently pushing for a project to develop a river port in order to overcome the difficulties of inland logistics as a landlocked country.

Upon the Lao government’s request, South Korea has worked with Laos since October last year in planning and researching the ambitious project.

The MOU is expected to increase cooperation between two countries in maritime and fishery affairs, as well as encourage South Korean firms to participate in port development in Laos, said South Korea’s Ministry of Oceans and Fisheries.

The leaders of South Korea and the five Mekong nations, including Laos, agreed to prioritize cooperation in seven fields, stepping up efforts for synergy between Seoul’s development experience and the Mekong region’s huge growth potential.

The seven sectors are culture and tourism, human resources development, agriculture, and rural development, infrastructure, information and communication technology, environment, and non-traditional security challenges, according to a joint statement issued after the inaugural Mekong-Republic of Korea Summit in Busan.

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