Category Archives: Business
How do I start my own business in Laos?
Laos is considered one of the most difficult countries in the world in which to start a business, however there is a basic structure and process to follow. For investors who are new to Laos, finding out what company structures are possible and suitable for your investment can be very confusing. In brief, there are two options for your investment under Lao law: establishing a Representative Office or establishing a Limited Company. Both Representative Office and Limited Company structures have their benefits and advantages, depending on what you intend to achieve in the Lao PDR. Continue reading
Guru Shop – Sharing Technological Wisdom
Driving along Samsenthai road, the black building with white letters reading “Guru Shop” immediately caught my eye. Don’t tell me they opened a spiritual center, I joked to myself. Curious as I am, I turned around and entered the “temple of wisdom”, which turned out to be the latest Apple shop in Vientiane.
“Our goal is to introduce as many people as possible to new technologies and gadgets, and teach them how the gadgets can make their daily lives easier”, explains Eddie Savankham, the owner of Guru Shop.
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Salary Issues At Sepon Mine To Be Resolved
Lane Xang Minerals Ltd has pledged to increase the base salary it pays its employees by July after failing to meet the previous deadline slated for March, a labour representative has said. “Some positions are already highly paid, but some are poorly paid in comparison to the other 19 leading companies in Laos,” he said.
The company apologised for the failure, citing the fact that the delay in the wage increase was related to the necessary approval procedures. Continue reading
Planned Laos-China Railway Back On Track
As work did not begin on schedule, there was widespread speculation that the project had been cancelled. Despite the delays, however, the project looks to be back on track. A full scale feasibility study of the Laos-China high speed rail project is now underway after the project design phase was completed recently, according to the Ministry of Planning and Investment. Continue reading
Posted in Business, Transportation - Vehicles
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