Nikon opens a new assembly plant in Laos

Nikon opened a new assembly operation in Laos, called Nikon Lao Company Limited, to expand the production base of its photographic products. Official said, Nikon saw great potential in the Savan-Seno Special Economic Zone following the installation of… Read More

Laos-Thailand Trade Fair to take place

A poster of the annual Laos-Thailand Trade Fair which opens at Lao-
ITECC today.

(KPL) An annual Laos-Thailand Trade Fair will be held since today to July 7th at Lao-ITECC in Vientiane Capital, aiming to promote bilateral trade relations between small and medium enterprises of two countries. This year trade fair will… Read More

Electric buses pose challenges for transport business

A Vientiane bus company is struggling with the use of battery-powered minibuses, with batteries taking too long to charge and not providing enough power to run the company’s fleet. Vientiane Capital State Bus Enterprise Managing Director, Mr Khamphoun… Read More

Laos, Thailand discuss business outlook

Lao and Thai business operators met in Vientiane yesterday to discuss their common business outlook before the ASEAN Economic Community (AEC) comes into effect in 2015. The meeting, titled Laos-Thai Outlook 2015, was the first of its kind… Read More

ADB is planning to provide a US$60 million low-interest loan

The Asian Development Bank (ADB) is planning to provide a US$60 million low-interest loan to Laos end of 2013 The Asian Development Bank or ADB is planning to provide a 60 million US dollars low-interest loan to Laos… Read More

Champassak gives perk to coffee farmers

Lao coffee beans

Champassak province has allocated US$2 million to help coffee farmers suffering amidst falling prices for the crop on the world market. Speaking on the sidelines of an open government meeting in Vientiane on Tuesday, Governor of Champassak province… Read More

The Lao government announces a ban on illegal cattle export

The Lao government has announced a ban on cattle export due to costly beef prices in domestic market. A number of cattle, especially those in border provinces, had been exported to neigbouring countries in recent years. As a… Read More

The Lao government announces a ban on illegal cattle export

The Lao government has announced a ban on cattle export due to costly beef prices in domestic market. A number of cattle, especially those in border provinces, had been exported to neigbouring countries in recent years. As a… Read More

The Lao government and the World Bank sign a financing agreement

The Lao government and the World Bank signed a financing agreement for the Second Trade Development Facility (TDF-2) project. According to the World bank, Improving competitiveness and connectivity is vital for the sustainable and inclusive growth of Laos,… Read More

NA approves 8.3 percent economic growth next fiscal year

The National Assembly (NA) has approved the socio-economic development plan for the 2012-2013 fiscal year which seeks economic growth of 8.3 percent and GDP amounting to 80,720 billion kip. The three-week long Third Ordinary Session (June 20-July 13)… Read More