Punishing Heat Wave Sets Records Across Asia

Punishing Heat Wave Sets Records Across Asia

Record-high temperatures and severe drought are causing misery for hundreds of millions of people in Asia.
“In Southeast Asia this heat wave joins the historical ones of 1960, 1983 and 1998, but as for duration, intensity and affected area it is definitely the strongest heat wave for Thailand, Laos and Cambodia,” said … Continue reading

Posted in General Interest, Nature / Wildlife | Tagged | Leave a comment

Five-Year Budget Approved, Deficit Continues

Five-Year Budget Approved, Deficit Continues: Laos

The National Assembly (NA) approved the state budget plan for the next five years (2016-2020) last week, which will include a budget deficit of 27,119 billion kip.
The deficit is in line with the parliament’s approval of the five-year plan that sets the deficit at 3.6 percent of Gross Domestic Product (GDP) with the maximum deficit not to ….. Continue reading

Posted in Business, Finance - Banking - Money, Lao Economy | Tagged | Leave a comment

SilkAir To Launch Flights To Vientiane & Luang Prabang on Oct 31

SilkAir To Launch Flights To Vientiane & Luang Prabang on Oct 31

SilkAir will launch services to Vientiane and Luang Prabang in Laos this October.
Once the flights start, SilkAir and its parent airline, Singapore Airlines, will together fly to all 10 countries in ASEAN.
Subject to approvals, SilkAir will offer three weekly flights on Monday, Thursday and …. Continue reading

Posted in Luang Prabang, Tourism - Hotels, Travel - Excursions - Venues | Tagged | Leave a comment

Road Tax 2016: Same Procedures As Previous Year

Road Tax 2016: Same Procedures As Previous Year

The Ministry of Finance is informing all vehicle owners that the Road Tax Sticker for 2016 is now available and that it needs to be purchased for all vehicles. The sticker is valid for the calendar year 2016. Further a penalty of 10% per month for purchasing the sticker after 31st May is imposed.
In general, the sticker costs …. Continue reading

Posted in Permits, Tax, Transportation - Vehicles | Tagged | 1 Comment

Bounnhang Vorachit New President Of The Lao PDR

Bounnhang Vorachit New President Of The Lao PDR

Members of the National Assembly’s 8th Legislature elected Mr Bounnhang Vorachit as the new President of the Lao People’s Democratic Republic at the Assembly’s inaugural session this morning.
They also elected Mr Phankham Viphavanh as ….. Continue reading

Posted in General Interest, Lao Economy | Tagged , , , , , | 1 Comment

Make The Most Of Tourism Potential, ADB Economist Advises

Make The Most Of Tourism Potential, ADB Economist Advises

The full potential of tourism in Laos has yet to be realised and the government should grab the opportunity to amass more income, with the sector currently generating the most revenue after hydroelectricity and mines.
“The Lao government has to do something more to ensure Laos fully benefits from the tourism sector, especially from high-end tourists from Asia, Europe and …. Continue reading

Posted in Tourism - Hotels, Travel - Excursions - Venues | 1 Comment