A new Memorandum of Subsidiary Arrangement (MSA) under a broader agreement between Australia and Laos on development cooperation was signed by Australian Ambassador to Laos, Mr. Paul Kelly, and the Vice Minister of Planning and Investment, Ms. Phonevanh Outhavong, on 22 March in Vientiane.
Australia Supports Laos With Highly Skilled Volunteers

Tradewind Finance Provides Export Factoring Facility for Tiles Trader in Hong Kong
Established almost 15 years ago, the company has been focusing on exporting tiles and natural stones from China to Australia and New Zealand. With high-quality products and an all-in-one service, including design and project monitoring during production, the trader not only appealed to suppliers but it also developed qualified buyers across the world.
However, as more buyers requested credit terms, which was different from the original payment term T/T before shipment, the self-financing company found it hard to grow its business. Piled-up account receivables resulted in a significant gap in cash flow, which made it difficult to meet financial obligations for suppliers and caused it to decline orders from new buyers in the USA.
Attracted by the 23-year solid track record in trade finance, the client contacted us to ease intense capital pressure. Tradewind’s immediate tailor-made funding solutions enabled the trader to accelerate cash flow and reduce trade risks. With the flexible and scalable facility, the company was able to maintain operations, increase business with existing buyers and accept open account orders from new buyers without the fear of a working capital shortage.
“The experienced client is a professional in tiles trading. With our timely support, the client received stable access to the working capital they needed to operate efficiently,” said Dickson Au, Regional CEO – Far East, at Tradewind Hong Kong. “The client is expected to deliver business growth in the near future and we are honored to grow with our clients.”
Hashtag: #TradewindFinance
https://www.linkedin.com/company/tradewindfinance/
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About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.
US Assistant Secretary of State Michele Sison to Visit Laos in April
The United States Assistant Secretary of State for International Organization Affairs Michele Sison will travel to Madagascar, South Africa, Mauritius, Azerbaijan, Mongolia, Vietnam, Thailand, and Laos, from 22 March – 7 April, for meetings with counterparts and UN officials to reinforce the US commitment to collaborative multilateral engagement in addressing collective global challenges.
Laos Sets Public Holiday Substitution Days for New Year Celebrations
The government of Laos has approved two additional off days as holiday substitutions following the Lao New Year festival or Pi Mai celebration in April which falls over the weekend this year.
Laos Halts Pork Importation from Thailand and Vietnam
The Ministry of Agriculture and Forestry has announced the suspension of pork importation from Thailand and Vietnam amid the outbreak of African Swine Fever (ASF) in the two countries.
Canadian Embassy Brings A Little Taste Of Canada To Laos
On 19 March the Office of the Embassy of Canada and Pie my Love hosted Vientiane’s first cooking workshop on French-Canadian cuisine.
Samsung Launches its First Innovation Campus in Laos
Samsung launched its first Innovation Campus at the Faculty of Natural Sciences, National University of Laos. This is Samsung’s global CSR program that is already running across the world in America, Europe, and Asia. In Laos, the program hopes to improve the knowledge of technology innovation in the country’s youth.