News

Laos Expects Rising Demand for Elevators and Escalators

Japanese electronics giant Mitsubishi Electric Corporation has set up a new subsidiary in Laos amid growing demand in the country for elevators and escalators.MELCO Elevator Lao, which began its operation on July 1, is expected to beef up Mitsubishi Electric’s sales of elevators and escalators ...

The Laotian Times
https://laotiantimes.com/2019/07/17/laos-expects-rising-demand-for-elevators-and-escalators/

Thailand eyes expansion of exports to Asean nations

VIENTIANE (Vientiane Times/ANN) – Thailand is looking to expand its exports by selling electrical and electronic products to Asean countries, especially Laos.The export value of electrical equipment from January to May this year stood at 326,934 million baht, an increase of 0.92 percent compared to ...

News Desk
http://annx.asianews.network/content/thailand-eyes-expansion-exports-asean-nations-100200

Lao chamber enhancing sustainable market links for SMEs

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) is expected to strengthen small and medium enterprise (SME) competitiveness through the implementation of green business practices under a 24-month coaching programme.The programme will be conducted with the support of the International ...

Bounfaeng Phaymanivong
http://annx.asianews.network/content/lao-chamber-enhancing-sustainable-market-links-smes-99880

Lao Front, Phongsavanh Group, farmers jointly produce high quality fruits for export

VIENTIANE (Vientiane Times/ANN) – The project includes the construction of a basin to store water for agricultural purposes and an artesian well, and installation of electric lines.The Lao Front for National Development (LFND), the Phongsavanh Group and the LFND unit in Xaysomboun provincial organised a ...

News Desk
http://annx.asianews.network/content/lao-front-phongsavanh-group-farmers-jointly-produce-high-quality-fruits-export-99393

Laos heading for half year trade surplus

VIENTIANE (Vientiane Times/ANN) – Laos is likely to enjoy a trade surplus of about US$121 million for the first six months of the year, even as the government is predicting an overall trade deficit of around US$259 million for 2019.Projected exports for the first six ...

News Desk
http://annx.asianews.network/content/laos-heading-half-year-trade-surplus-99327

New project promoting export competitiveness in northern Laos

VIENTIANE (Vientiane Times/ANN) – A new Promotion of Export Competitiveness in Northern Laos (ECL) project aims to increase investment in exports of targeted sectors to sustainably improvement incomes of poor households, particularly women.The target is to be achieved by improving the export competitiveness of the ...

News Desk
http://annx.asianews.network/content/new-project-promoting-export-competitiveness-northern-laos-99107

Lao MSME fair helps operators access sources of funding

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI), in collaboration with the International Labour Organisation (ILO), organised the MSME investment fair 2019 to provide opportunities to micro, small and medium enterprise operators to access sources of finance.The fair, held at ...

Phetsamone Chandala
http://annx.asianews.network/content/msme-fair-helps-operators-access-sources-funding-99037

Lao top 3 Expo 2019 showcases technology, architecture and engineering products

VIENTIANE (Vientiane Times/ANN) – The largest professional trade exhibition of the country, Lao Top 3-in-1 Expo 2019, kicked off at the National Convention Centre in Vientiane yesterday to showcase products aimed at the building, construction, water supply, food and beverage and trade industries.The ceremony was ...

News Desk
http://annx.asianews.network/content/lao-top-3-expo-2019-showcases-technology-architecture-and-engineering-products-98860

Laos to levy higher excise tax on unnecessary products

Products or services the government doesn’t promote, including alcoholic beverages, will be subject to higher taxes if a new law on excise duties comes into force in January 2020. In contrast, lower levies will be imposed on items such as fuel and motorcycles that the government ...

Somsack Pongkhao

Lao electricity exports increase, while imports fall

VIENTIANE (Vientiane Times/ANN) – The generation of electricity by Laos for domestic supply and export increased in the first quarter of this year, while imports dropped.Laos earned US$422 million from electricity exports in the first quarter of this year, an increase of 10.2 percent compared ...

News Desk
http://annx.asianews.network/content/lao-electricity-exports-increase-while-imports-fall-98723

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