Author Archives: Stephan

New Bus Route Boosts Laos Connections

Posted on 21/02/2012 by Stephan
bus

The Transport Company announced a plan to introduce its air-conditioned bus service from Udon Thani in Thailand’s Northeast to Vang Vieng in Laos soon. According to the company’s managing director, Wuttichat Kanlayanamit, the service will be available in addition to its current service between Udon Thani and Vientiane.
Formerly an overnight stop for tourists travelling from Vientiane to Luang Prabang, today Vang Vieng is a destination for those who admire scenery and laid-back countryside. Continue reading →

Posted in Thailand, Transportation - Vehicles, Travel - Excursions - Venues | Tagged , | Leave a comment

Warning On Fake Dollar Bills

Posted on 21/02/2012 by Stephan
Central bank issues warning on fake dollar bills

The Bank of the Lao PDR is urging the public to join forces to combat a rising tide of fake US dollar banknotes and other foreign currencies.
The central bank made the call last week after learning that a group of people were circulating large numbers of fake US$100 notes and other currencies in Laos. The bank is concerned about the damage this can inflict both on individuals and the national economy. Continue reading →

Posted in Business, Finance - Banking - Money | Tagged , , | 2 Comments

Businesses May Be Allowed To Hire More Foreign Workers

Posted on 10/02/2012 by Stephan
Lao work permits

Businesses operating in Laos may be given the right to employ more foreign workers if they cannot recruit domestic ones, as the government is keen to satisfy the needs of foreign investors.

Under Article 36 of the draft Law on Labour Management, the proportion of foreign manual labourers hired by a company should be no more than 10 percent of the total, while the proportion of foreign experts hired should not exceed 20 percent. However, if necessary, a company can request government approval to employ more foreign workers. Continue reading →

Posted in Business, Finance - Banking - Money, Permits | Leave a comment

Lao Telecom Firms’ Price-Fixing To Secure Profits In 2012

Posted on 05/02/2012 by Stephan
all-lao-phones-big

Lao Telecom operators are forecasting higher earnings this year after agreeing to set the minimum mobile phone call rate at 800 kip per minute.

LTC, ETL, Star Telecom and VimpelCom Lao reached the agreement at the end of last year, saying call rates would not fall below the minimum except on special occasions. This has enabled them to revise their revenue growth forecasts for 2012. Continue reading →

Posted in Communication (Phone-Internet-etc), Internet, Phones | Tagged , , , , , | 4 Comments