Lao economists have urged the government to accelerate the privatisation of state enterprises that have been underperforming, as part of measures to improve its financial position.Read more
During its annual agent meeting & celebration, Lanexang Assurance awarded J&C Services for their outstanding performance in 2017.
Stephan R. Aeschbach, owner of J&C Services, proudly accepted the award. “We are thrilled to receive this recognition for our performance” said Mr. Aeschbach, “we truly believe that providing a valuable service to our customers begins with creating a trusted partnership with our providers.”
The injection of bank credit into the Lao economy has been on the decline after reaching a peak over the past several years, according to economists.Read more
The Bank of the Lao PDR (BOL) is warning the public about illegal QR code payment services being offered by banks or financial institutions that have not been granted permission by the BOL.Read more
Laos is an ASEAN member country in the heart of the Indochinese region, which has economic potentials and is opening up itself for cooperation with other countries.Read more
Lao government officials have launched a new push against corruption in the one-party communist state, with state inspection authorities stepping up investigations across the country and reporting in February that they had discovered up to $120,000 missing from state funds, sources in Laos said.Read more