China’s EximBank Suspends Loans For Roads, Bridges in Laos

China's EximBank Suspends Loans For Roads, Bridges in Laos

Export-Import Bank of China (EximBank), the official export credit agency of the Chinese government, has suspended loans for infrastructure and construction projects in Laos, saying it would prefer to only finance mining and hydro-power ventures, according to Lao sources.
The move is seen by some as an indication of Beijing’s concern over its neighboring communist ally’s ability to repay loans for such projects as roads and bridges in the absence of immediate guarantees.
In the mining sector, for example, natural resources act as …. Continue reading

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Fast & Secure With New Top-Notch Hosting Provider: J&C Website

Fast & Secure With New Top-Notch Hosting Provider: J&C Website

J&C Services is growing fast …. in order to keep up with the increasing traffic on our website we decided to move www.jclao.com to a top-notch, fully managed hosting provider.
Our customers & visitors as well as our advertising sponsors will benefit from faster loading pages in a fully secured environment. Our host offers automatic security updates, daily backups, one-click restore points, automatic caching, top-tier security, and many more features.
Now we dare to say that our website has become hacker proof !
Our website always being accessible and offering high speed is …. Continue reading

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Stern Punishments For Visa Violators Announced: Thailand

Stern Punishments For Visa Violators Announced - Thailand

Forceful punishment for foreigners who overstay their visas in Thailand including multi-year entry bans were officially announced yesterday.
Under the new rules which had been rumored earlier this month and posted online Tuesday by the Immigration Bureau, foreign nationals who overstay their visas will be expelled from the kingdom and blacklisted for at least one year.
Those remaining in Thailand more than …. Continue reading

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Fatal Head-On Deadly Reminder To Slowdown

Fatal Head-On Deadly Reminder To Slowdown

Traffic officials have urged motorists to slow down after a horrible road accident in Savannakhet last weekend which killed two people instantly and left three others seriously injured.
The fatal crash happened on Road No. 13 South in Kaenghaed village, Xaybouly district, Savannakhet province on July 21.
An official said this was the first time such a horrible accident had occurred in the area. He reported that one of the vehicles was travelling at a very high speed and the driver lost control.
“The SUV hit with great force head-on, killing the SUV’s driver and a Vigo passenger instantly and leaving three ….. Continue reading

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Laos Struggles To Address Drug Problems

Laos struggles to address drug problems

Amphetamine drug use and trafficking is widespread in Laos, with many cases involving authorities such as the police.
Acting Minister of Public Security Brigadier General Somkeo Silavong responded to questions raised by the National Assembly (NA) members.
Mr Somkeo said it was hard to address the drug problems in Laos as many drug dealers hired authorities to facilitate their business. They did not only hire police but also … Continue reading

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Comprehensive Insurance Cover For Laos

Comprehensive Insurance Cover For Laos

J&C Services, the third largest agent of Toko Assurance in Laos, is offering customer-specific solutions to our clients, while providing at the same time the most competitive premiums. Try us and be surprised how much we differ if compared to other providers !
Our insurance services include Expat International Health Insurance, Office, Home and Content Insurance, Motor Insurance, Health and Personal Accident Insurance for local staff members and All Risk Insurance among others.
Contact us today at info@jclao.com or 020 77 100 200 Continue reading

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Developer Spends US$100 Million On That Luang Marsh SEZ

Developer spends US$100 million on That Luang Marsh SEZ

The Chinese developer has spent over US$100 million to build infrastructure facilities and condos at That Luang Marsh Specific Economic Zone (SEZ) in Vientiane.
The infrastructure projects include a 50-hectare lagoon, road access to the zone, installation of electricity and water supply facilities and a drainage system.
The Chinese developer is now focusing on building 12 condominium blocks with 18 floors. The company is expecting to spend US$14.5 million to build each block and plans to sell them within 5 years after completion for ….. Continue reading

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