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Tuesday, December 24, 2024
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Korea Funds Bridge, Road Safety Upgrades on National Road in Laos

On 19 December, the Korea International Cooperation Agency (KOICA) announced a grant of USD 13 million to upgrade six bridges and improve road safety on National Road No. 8 which connects Laos, Thailand and Vietnam.   Korean Ambassador Jung Yung Soo highlighted the project as a symbol of Laos-Korea cooperation and...

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to...

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted...

Laos Performs First Beating-Heart Cardiac Surgery

On 13 December, medical staff at the Laos-Luxembourg Heart Institute performed Laos’s first-ever cardiac...

Rising Costs Prompt Market Reform Proposals

National Assembly Representative for Vientiane Capital, Valy Vethsaphong, has called on the Lao government...

Thai Airways’ Lao Ticket Sales On the Rise

Thai Airways International Public Company Limited's ticket sales in Laos during the summer period (April – October) have been on the increase, rising by...

Vientiane Motor Expo 2016: A Chance to Rev Up the Vehicle Market

The Vientiane International Motor Expo expects to expand opportunities for vehicle importers, provide a platform for networking between industry leaders, and help drive vehicle...

IFC Helps Lao Banks Strengthen Risk Governance

The International Finance Corporation (IFC), a member of the World Bank Group, is helping Lao commercial banks to strengthen risk governance, improve sustainability and...

Lao Business Leaders Call For Revision of Policies and Regulations

Business operators have called on the government to revise certain policies and regulations to better facilitate business operations and boost productivity. The call was made...

Krungsri Fosters Lao-Thai Business Network Via Business Matching

Krungsri (Bank of Ayudhya PCL) is providing full support for Thai SMEs to expand their businesses in Laos through the Krungsri Business Journey: Opportunities...

VP Phankham Warns That Both Givers and Takers Will Be Punished For Corruption

Vice President Phankham Viphavanh has warned businesses not to conspire with corrupt officials, saying that both the beneficiaries (officials) and providers (businesses) would be...