Category Archives: Economy

Home

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

“Visit Laos Year 2018” to Launch in November

elephant festival

With government officials strongly promoting tourism on the national agenda, the country is preparing to launch the “Visit Laos Year 2018” campaign in an effort to attract more foreign travelers.

According to the Director General of the Tourism Marketing Department, Ministry of Information, Culture and Tourism, Sounh Manivong, the Visit

Laos and Thailand Build One Map to Improve Resource Management

gis

With the vision of “one map, one community, one nation,” government and private sector representatives from Laos and Thailand have exchanged information on a geographic information system (GIS) with the goal to construct a single map for improved natural resources management.

The Minister of Science and Technology, Prof Dr Boviengkham

Government Plans to Settle Debts by Second Quarter

dam

Government officials are planning to settle over 400 billion kip on balances owed to companies, for completing State investment projects by the end of the second quarter.

Officials are planning to clear their debt for development projects that were pre-approved by the National Assembly (NA), to enable private companies to

Police Regulate Unauthorized Street Traders

vendors

In an effort to declutter the streets of Vientiane, authorities took to the footpaths along Khouvieng Road, surrounding areas of Kuadin market and several other various locations around town last week, ordering unsanctioned street vendors and traders to vacate the premises.

The crackdown was issued by the Vientiane Public Works

Daewoo E&C Infiltrates Laos Infrastructure Development

daewoo E&C

On June 15, in attempt to win future bids on developing Lao infrastructure projects, Daewoo Engineering and Construction Co. (Daewoo E&C) signed a Memorandum of Understanding (MOU) with Lotte Engineering & Construction, the KDB, and Korea Trade & Insurance Corporation with Petroleum Trading Lao Public Company (PTL) .

The

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.

Connecting the Unconnected with an Offline Internet System

rural

In this day and age, one thing is for certain; information is power. Over four billion people in developing countries are missing out on that power, due to the lack of proper internet access.

More than half of the Lao population are uninformed on the life-changing benefits of connectivity, particularly …