Category Archives: Business

Home

Coffee Giant Dao-Heuang Owes 27 Billion kip to Lao Farmers

coffee beans

After falling several months behind in payments for raw beans, one of the largest firms in Laos, Dao-Heuang Group, has racked up  an estimated 27 billion kip in debt owed to 2000 of the country’s coffee farmers.

According to the Champassak provincial Industry and Commerce Department, after paying off other

Frustrated Road Users Insist Government Take Over Tolls

toll

Frequent commuters and traders on Road 16 in Champassak province, are voicing their discontentment on the high toll fares collected on the road that links  the province to the Vangtao-Chongmek International Border Checkpoint in  Thailand.

As previously reported by The Laotian Times, back in November of 2016,  business operators,

POS Launch Party at Naked Espresso Khamkhong

Fourleaf POS App

Owner of popular Naked Espresso cafe franchise, Mr Ariya Khamvongsa, emphasized the importance of cooperation and camaraderie among cafe and restaurant owners, at a launch party for a new FOURLEAF POS system held on June 9 at Naked Espresso Khamkhong Branch.

Mr Ariya said that connecting and evolving together is

Riding the Globalization Wave

globalization

Driving through the capital city of Vientiane, its apparent that in the past five years, the country has stepped up its globalization game. With investors from all over the globe eager to invest in the country’s vast lands and untapped resources,  Laos is on the bullet train towards worldwide integration.

Star Telecom Wins Bid to Develop Population Management for Laos

unitel

On June 9th, the Ministry of Home Affairs signed a contract allowing Star Telecom (widely known as Unitel) to move forward in developing the Population Data Management System Creation Project for the fiscal year of 2017-2018.

Star Telecom, a joint venture between the Laos-Asia telecom company Vietnam’s Viettel telecom group,

Private Businesses Struggle to Find Financing

road

Business banking in Laos has taken a severe hit in the past few years as government officials have started limiting funds that have been typically granted to developers for implementing infrastructure projects in the past.

Construction of roads, mining, land concessions and various infrastructure projects have all been suspended due

ITECC Mall Hosts Top Thai Brands 2017 Trade Fair June 7-11

trade fair

For the first time in Laos, ITECC Mall will host the Top Thai Brands 2017 trade fair, with over 300 booths stocked and displayed with quality products from Thailand.

Held in the old building, the trade fair is scheduled to run in Vientiane from June 7-11, and not only aims

Popular Lao Enterprise Still Involved in Illicit Activity With Public Funds

fraud

PS Lao Enterprise, a company that produces food items such as meat, fish, rice, drinking water and imports various grocery and consumer products in Laos, has been in hot water for some time now, as it has continuously failed to issue full dividends to its shareholders as originally promised.

The