Category Archives: Investments

Krittaphong Group’s Businesses Growing In Laos

Krittaphong Group's Businesses Growing In Laos

One of the biggest local investors in the region, Krittaphong Group Co., Ltd. is pouring capital into various mega projects to build stronger business capacities in Laos, a developing nation in Asean and the world.
In Vientiane, major properties belonging to it include the Landmark Mekong Riverside Hotel, the five-star ….. Continue reading

Posted in Business, Investments | Tagged , | Comments Off on Krittaphong Group’s Businesses Growing In Laos

Banks Cut Interest Rates On Kip Accounts, Raise For Foreign Currencies

Banks Cut Interest Rates On Kip Accounts, Raise For Foreign Currencies

Commercial banks in Laos have lowered the interest rates charged on loans and offered on kip accounts in line with a recent decision made by the Bank of the Lao PDR, hoping to stimulate economic activity.
Conversely banks have raised the interest rates offered on Thai baht and US dollar deposit accounts hoping to build up ….. Continue reading

Posted in Banks, Finance - Banking - Money, Investments, Lao Economy | Tagged | Comments Off on Banks Cut Interest Rates On Kip Accounts, Raise For Foreign Currencies

Top Leaders Discuss How Businesses Can Succeed In ASEAN Developing Economies At Channel NewsAsia Forums

Top Leaders Discuss How Businesses Can Succeed In ASEAN Developing Economies At Channel NewsAsia Forums

Business leaders share views on roadmap to success; Christine Lagarde, Managing Director of IMF, discusses economic development at ASEAN Business Investment Summit 2016
Regional broadcaster, Channel NewsAsia, brought together business leaders and the government sector for two forums held during the ASEAN Business and Investment Summit (ABIS) 2016, at …. Continue reading

Posted in Business, Investments | Tagged , , , | Comments Off on Top Leaders Discuss How Businesses Can Succeed In ASEAN Developing Economies At Channel NewsAsia Forums

Real Estate Growth Sustainable But Sluggish, Experts Say

Real Estate Growth Sustainable But Sluggish, Experts Say

Laos is not at risk of developing into a bubble economy despite the apparent ongoing building boom particularly in the capital, according to leading economists on Tuesday.
This is because overall growth in the real estate sector is actually quite sluggish and most investment is from overseas interests, mainly China and Vietnam.
Another factor preventing the forming of a Lao asset ….. Continue reading

Posted in Investments, Lao Economy | Tagged | Comments Off on Real Estate Growth Sustainable But Sluggish, Experts Say

Economists Predict Laos-South Korea Economic Boom

Economists Predict Laos-South Korea Economic Boom

Lao economists are optimistic that economic cooperation between Laos and Republic of Korea will surge after eight cooperation documents were signed by the two countries last week.
The agreements relate to industry and commerce, energy and mining, employment, social welfare, grant aid, construction of eco-friendly energy villages, healthcare and ….. Continue reading

Posted in Investments, Lao Economy | Tagged | Comments Off on Economists Predict Laos-South Korea Economic Boom

US$65-Million Riverside Project Set To Begin Construction: Pakse

US$65-million riverside project set to begin construction

A US$65-million-plus Mekong River Integrated Management Project in Pakse town, Champassak province is set to begin construction at the end of this year, officials in charge of the project have confirmed.
The project comprises four components including the construction of an embankment along the Mekong and Xedon rivers which totals over …. Continue reading

Posted in Investments, Lao Economy | Tagged | Comments Off on US$65-Million Riverside Project Set To Begin Construction: Pakse