News
PM orders top officials to ramp up economic growth
Prime Minister Thongloun Sisoulith has ordered ministers, the Vientiane mayor and provincial governors to implement eight measures to stimulate economic growth. The measures have been designed to boost socio-economic development over the rest of the year and in 2019, amid budgetary tension.More ...
Somsack Pongkhao
Growth drivers, opportunities see Cabinet order action
The nation’s government cabinet has ordered ministries and sectors to take immediate action to efficiently implement measures it presented to the National Assembly (NA) earlier this month in order to stimulate the economy. According to eight core measures, the government will strive to continue ...
Souksakhone Vaenkeo
Laos’ economic growth robust, but at risk due to high public debt: WB
Economic growth in Laos has seen robust expansion compared to regional peers but the country is still at risk due to high public debt, with growth in the share of debt on less concessional terms, according to the latest edition of the World Bank’s Lao ...
Vientiane Times
ACMECS leaders to review economic cooperation strategy
The leaders of Ayeyawady, Chao Phraya, Mekong Economic Cooperation Strategy (ACMECS) member countries will meet at its 8th Summit in Bangkok, Thailand from June 15-16 to review the economic cooperation strategy. On the same occasion, the leaders will also meet at the 9th Cambodia, Laos, ...
Vientiane Times
Govt approves measures to spur economic growth
The government has adopted measures to stimulate economic growth while also taking steps to curb inflation, which could cause hardship if it spirals higher.More ...
Somsack Pongkhao
Out-of-place petrol stations given one year to move
Petrol stations that open for business near an existing facility or are too close to a residential area must move away within one year from now, a senior government official has said. Minister of Industry and Commerce Ms Khemmani Pholsena earlier this month issued an ...
Souksakhone Vaenkeo
Lao govt urged to hasten privatisation of ailing state units
LAO economists have urged the government to accelerate the privatisation of state enterprises that have been underperforming, as part of measures to improve its financial position.Economists at the Lao National Economic Research Institute made the recommendation in their March economic update, aiming to help the ...
The Nation
