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Korea Eyes Laos and Cambodia for E-commerce Opportunities

ecommerce

A Capacity Building Workshop for expanding business opportunities in e-commerce has been organized by the ASEAN-Korea Center in Vientiane for Wednesday, July 5, 2017.

Organized by the Ministry of Planning and Investment (MPI) and the Lao National Chamber of Commerce and Industry (LNCCI), the purpose of the workshop is to

Lao Airlines Searches for Overseas Shareholders

Lao Airlines Flight to Japan

Government officials have announced that they are in the process of pursuing a strategic partner for the state-owned enterprise, Lao Airlines, in an effort to improve operational efficiencies across its portfolio.

However, despite the push for an outside investor, government spokesman, Mr Chaleun Yiapaoher has clarified that Laos  will not …

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