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Twenty Nine Students and Entrepreneurs Join a Business Study Tour to Japan

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The Embassy of Japan on October 24 held a send-off reception at the Japanese ambassador’s residence for nine female students and twenty female entrepreneurs who are departing for Japan to participate in a business study tour under the “JENESYS 2016”program supported by the Japanese Government.

The group will stay in Japan from October 25 to 1November 2016 and take part in the “Female Entrepreneurship” program.

The study tour offers the participants opportunities to enhance their business knowledge and get ideas for their business based on lessons learned from Japanese business activities. In addition, the participants can deepen their understanding of Japanese traditional and contemporary culture.

The nine Lao students were selected from outstanding female students in collaboration with the Ministry of Education and Sports and the twenty entrepreneurs were selected in collaboration with the JICA Laos Office, the JETRO Laos Office, and the Lao National Chamber of Commerce and Industry.

At the send-off reception, Mr. Kazunori Kawada, Minister Counsellor of Japan to the Lao PDR, emphasized in his remarks that participants shall be messengers for what they find attractive about Japan, such as coexistence of high technology and tradition, beautiful and delicious Japanese food, care for nature and environment, animation and J-pops etc.

Following the Minister Counsellor’s remarks, Ms. Souphaphone Souannavong, a representative of the participants, who is a founder of TOHLAO Coworking Space, expressed her appreciation to the Japanese Government and her determination to study Japanese business activities and make use of this experience for her business.

 

Source: KPL

Lao PDR Makes a Significant Progress in Child Right Efforts

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The Lao PDR has made significant progress in child right promotion with international convention incorporated into national laws and policies on child rights.

A workshop held in Vientiane on Tuesday was told that the government has made legal child protection frameworks including law on Juvenile Criminal procedures, Prime Minister’s Decree of Adoption, Law on Preventing and Combating Violence against Women and Children.

National strategies and plans of action that take into account the provisions of the United Nations Convention on the Right of the Child have been developed in the areas of Inclusive Education, Nutrition and violence will also be reported as the government is striving towards achieving the 8th National Socio-economic Development Plan as well as Sustainable Development Goals.

UNICEF Representative Hongwei Gao appreciated the government of Lao PDR, in particular the National Commission for Mothers and Children upon the progress made towards the development of the state report on the implementation of the convention of the rights of the child.

Ms Gao said that the Lao PDR has achieved MDG targets on poverty reduction, universal access to primary education, gender parity in primary education, maternal mortality reduction, and access to water and sanitation though there are some targets remain unmet such as child nutrition and primary school completion.

“UNICEF is pleased to partner with you and support this process. We remain committed to supporting the government in order to promote and realize the rights of all children through further implementation, monitoring and reporting on the CRC (UN convention),” added Ms Hongwei.

Tuesday’s workshop, which saw the presence of Deputy Prime Minister Sonexay Siphandone, provided an opportunity to the government, ministries, development partners, CSOs and NGOs to review and provide inputs into a draft report that has been developed under the leadership of the National Commission for Mothers and Children, with the technical and financial support provided by UNICEF.

 

Source: KPL

WIG Bazzar 2016 to Return Coming Month

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The Women’s International Group (WIG) Bazaar will take place on Saturday, November 19 at the Lao National University Faculty of Engineering, Sokpaluang Road, Vientiane Capital from 10 am to 6 pm.

The WIG Bazzar is a popular and much-loved community event that is free and open to all members of the public. Last year’s event attract over 10,000 visitors.

The WIG Bazaar is the primary annual fundraising activity for WIG. All profits from the event are allocated to WIG’s health and education projects, which help disadvantaged people access medical care and support the construction of schools.

WIG is also currently accepting donation of goods for the popular second-hand stall. Community members are welcome to donate clothing, book, bric-a-brac, household items, toys and more. Drop off points for donations are Common Grounds Café.

The WIG Bazaar is organized by WIG, a voluntary group of women and men of all national ties based in Vientiane, who initiate and support charities in Lao PDR. WIG was founded in 1990 and currently has over 130 members.

Embassies, international organizations and local businesses are invited to set up booths to share information, showcase and sell handicraft, food and drink, and other products including local Fair Trade wares.

The event also features live music and entertainment, a raffle with great prizes, a children’s Corner with fun games and activities for kids, and WIG’s popular Cake and Second Hand stalls.

 

Source: KPL

BCEL-KT: Trade Summary (Oct 25, 2016)

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LSX closed up 8.84 points at 1,000.59 points, breaching its 1,000 mark. The trading volume today totaled at 35,500 shares, worth about 169 million kip, contributed mainly by EDL-Gen and BCEL shares. BCEL closed at 5,200 kip, 50 kip higher, and EDL-Gen closed at the unchanged price of 4,900 kip, while other stocks finished unchanged, with LWPC closing at 6,100 kip, PTL at 2,500 kip and SVN at 3,050 kip.

PM Signs a Book of Condolences on Thai King’s Passing

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Prime Minister Thongloun Sisoulith signed on Oct 24 in Bangkok, Thailand, a book of condolences to mourn the passing of King Bhumibol Adulyadej on behalf of the government and people of the Lao PDR.

King Bhumibol, who would have turned 89 on Dec 5 of this year, passed away peacefully at the Chalermphrakiet Building at Siriraj Hospital in Bangkok at 3:52 pm on Oct 13.

“All royal family members were in attendance at the time,” said the English daily Bangkok Post.

The ninth King of the Chakri Dynasty ascended to the throne on June 9, 1946 and was the world’s longest-reigning monarch.

Well-wishers in pink and yellow had been flocking to the hospital to pray for him since the Royal Household Bureau of the Kingdom of Thailand announced on Oct 9 that the King’s condition was “unstable”.

“For seven decades, His Majesty King Bhumibol Adulyadej was Thailand’s guiding light. The monarch, regarded far and wide as the Father of the nation, took the country out of several deadly turns with his wise counsel. His fortitude and devotion to human development were an inspiration to all,” said a mourning message posted by the post.

 

Source: Vientiane Times

Private Sector Invests Billions of kip in Construction of Basic Education Infrastructure

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The private sector invested over 362 billion kip (about US44.5 million) in the construction of basic education infrastructure last year, considering it a crucial role in helping the government’s effort to develop human resources.

The total amount of investment made by the private sector last year was disclosed yesterday at a meeting by the Private School Association held in Vientiane Capital.

Almost 100 representatives from private schools and educational institutions across the country reviewed the implementation work of the private school sector last year and set an ambitious plan for coming year.

Currently, the association has 563 private schools as members. These include 64 colleges, 30 vocational schools and 469 general education institutes and almost 9,000 teachers, of which 4,000 are female, said President of the Private School Association Mr. Somphet Rattanasim.

Next year, the Private School Association will continue expanding its members of youth, women and the Lao Federation of Trade Unions to improve teacher quality and ensure that teachers’ abilities are sufficient to enable the students of today to compete both regionally and internationally in the future.

 

Source: Vientiane Times

Indochina Bank Assists Disabled Students in Vientiane Province

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Indochina Bank has initiated a community assistance project for disabled and underprivileged students in Thoulakhom district, Vientiane province.

The project was launched on Saturday at Napheng Primary School with the aim of assisting disabled students whose education facilities are limited.

According to the bank, the management and staff of Indochina Bank last weekend donated educational items and funding totalling 35 million kip for 70 disabled students at 29 schools around the district.

They also presented bags containing pencils, books, colouring books and prepared lunches for 127 children at Napheng Primary School worth 18 million kip.

In addition, some sports equipment such as footballs and Sepak Takraw items, as well as guide books, were given to 29 schools.

For this year’s corporate social responsibility venture, the bank decided to work with the Education for Development Foundation in aiding 70 disabled students in Thouklakom district.

Indochina Bank is committed to continuously contributing to the betterment of the society that we live in, Managing Director of Indochina Bank Mr. Tay Hong Heng said at the launch of the project.

The bank envisions that all children, regardless of ethnicity, creed, or disability can achieve their full potential, and to make it possible in whatever way it can.

Mr. Tay said We will also be arranging lots of fun-filled activities for the children. In addition, the management and staff of Indochina Bank have prepared different kinds of food and drinks which will be served at the stalls set up in this venue.

Indochina Bank is one of the top private banks in Laos. As one of the leading private banks, it regards the fulfilment of its corporate social responsibilities (CSR) as a mandatory annual activity on top of its daily operations. Following the principle of We care’, Indochina Bank has been pursuing one of its objectives of giving back to the community on a regular basis. Indochina Bank recognises CSR as an integral part of its development strategy.

Indochina Bank contributed more than 53 million kip to the cost of the project. The money will go towards scholarships for the 70 disabled children at 29 schools in Thouklakom district and around 120 gift packs for schoolchildren, according to the bank.

Indochina Bank has also supported other community projects with donations for underprivileged children at Dansavanh Primary School, the COPE Centre, 790 Special Rehabilitation Centre, and flood victims in Ketsana district, Khammuan province, and Sangthong district in Vientiane.

The event was also attended by the Deputy Head of the Education and Sports Office in Thoulakhom district, Mr. Thongyon Chandala, Project Manager of the Education for Development Foundation, Mr. Khamhien Inthavha, and the principals of the 29 primary schools in Thoulakhom district.

 

Source: Vientiane Times

Lao Front Strengthens Working Methods

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The Lao Front for National Construction (LFNC) needs continuous improvement despite good achievements in past months, including improvements to various regulations to bring them up to date with changing circumstances.

The advice was given to the Lao Front at the first plenary session of the Front’s Central Committee, held last week in Vientiane.

Central Committee members discussed the dissemination of the Front’s 10th Resolution, organisational structure at the local level and related regulations, personnel development, and implementation of the Front’s various programmes.

They also discussed a draft of the Front’s Central Committee instruction on the development of families and villages of solidarity as one of the criteria for creating developed villages.

In his closing remarks at the plenary session, LFNC President Dr Xaysomphone Phomvihane praised the participation of the Central Committee in sharing lessons on creating village development funds, such as those set up by the community, and the management of funds.

He said the funds helped to provide easier and faster access to loans for use in poverty reduction, which was a way of consolidating solidarity among people.

He also commented on the management of funds, saying many village development funds had grown while those in some provinces had gone bankrupt. He called on the Front to continue to guide the establishment and effective operation of funds so they were sustainable.

Dr Xaysomphone also gave direction on the future focus of the Front’s Committee. He called for in-depth understanding of the main content of the 10th Resolution, and organisational improvement of all levels of the Front’s branches so that they operated effectively.

He advised the presidents of the Front at the capital and provincial levels to meet with eminent persons and elderly people from ethnic groups and religions, especially during upcoming traditional festivals such as the Hmong and Khmu New Years, and Christmas.

He said this was an opportunity to forge closer relationships, to listen and discuss the issues and interests of other groups, and to explain Party directives, government policy, the national socio-economic development plan, and various regulations.

Dr Xaysomphione also urged the Front’s leaders to strengthen coordination with the Front at the central level and with Party committees and administrations at the local level concerning personnel development plans.

 

Source: Vientiane Times

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