A court in Vientiane gave life sentences to several former bank employees for corruption. The charges included abusing power, taking bribes, illegal foreign exchange deals, and money laundering. This was reported by the Vientiane Capital People’s Court in a statement.
The court heard the cases on 8 September, but the...
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...
Vice President Phankham Viphavanh has warned businesses not to conspire with corrupt officials, saying that both the beneficiaries (officials) and providers (businesses) would be...
Business operations in Laos remain challenging because of widespread failure to understand and comply with complex laws as well as lax oversight on the...
Business operators should understand Party policies and direction in depth and conduct their operations honestly to enable strong growth
in the government and business sectors,...