Category Archives: Economy

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Mahosot to be Upgraded to International Standards

With expenses being backed by the Chinese government, the century-old Mahosot Hospital will be completely rebuilt starting the end of this year, with a completion date set for 2022.

Built in 1910, Mahosot Hospital was the first facility of its kind in the country and was run by French doctors.

New State Projects Under Scrutiny

Though the Minister of Planning and Investment, Dr Souphan Keomixay, has recently acknowledged that the demand for national development in the country is on the rise, new project proposals for 2018 submitted by State sectors and authorities threaten to plunge the country into further debt.

To avoid accruing unnecessary mounting …

Pakngum Bridge Construction Underway Due to 2015 Tragedy

More than forty percent of construction for the new bridge crossing the Nam Ngum River, that will connect Nabong village to Thakokhay village in Pakngum district, has been completed.

With assistance from Lao World Public Co., Ltd, the estimated 105 billion kip (USD $12,728,100) bridge was expected to take 24

Authorities Crack Down on Shady Petrol Operations

gas

With many car owners using social media as a platform to vent their frustration about petrol stations defrauding customers in Vientiane, Savannakhet and Champassak provinces, authorities have too found that several petrol stations are, in fact, cheating consumers by not providing sufficient amounts of fuel or providing dirty fuel.

Over

US Grants over 3 Million USD to UXO Project

rice

The US government has signed a Memorandum of Understanding (MoU) granting 24 billion kip (US$3,026,000) to Laos, in support of a rural development project through Unexploded Ordnance clearance in Xieng Khuang province.

The grant will contribute to the non-technical and technical aspects of surveying and clearing unexploded ordnances in the 

Lao Statistics Aims for International Standards by 2020

laos

On June 29th, a seminar on scientific statistics was held at the Center for International Cooperation and Training and under the theme, “enhancing production unity and political statistics publication”.

The Lao Statistics Bureau (LSB), under the Ministry of Planning and Investment, has successfully created a strategic development plan of sustainable …

Aroma Banana Farms Banned in Vientiane Province

banana plantation

Effective September 17, investors looking to grow aroma bananas in Vientiane province will no longer be able to obtain the necessary permit for it.

Since 2013, aroma banana farms have dominated more than 400 hectares of land in Hin Heub, Vang Vieng and Feuang districts in Vientiane Province alone, and …

Prime Minister Urges Unity to Tackle Illegal Drug Trade

yaba

Prime Minister Thongloun Sisoulith has implored for Lao citizens to unite in an effort to join the global fight against the illegal drug trade.

Monday, June 26, 2017 marked the 30th anniversary of the International Day against Drug Abuse and Illicit Trafficking.

In an effort to crack down on the