The entry of foreign investors to Laos has resulted in a boom in real estate business in the Asian nation, notably in the capital Vientiane.Read more
Prime Minister Thongloun Sisoulith says he wants to end the Lao government’s policy of bartering land for development, in a reversal of a long-term practice that has seen large swaths of the country go to foreign-backed investors.
“The business sector should not convince the governmental sector to create debts for the nation,” Thongloun told the Lao version of the chamber of commerce earlier this month. “In recent years, many big development projects, including ….
Growth in Vientiane residential house and apartment construction will remain slow for the remainder of this year but is expected to accelerate by 10 percent next year.
Growth is slower because many projects in Laos rely on Chinese investors who are being restrained under the Chinese government’s policy against corruption. This is discouraging investors from ….
The main drainage channels in Vientiane need to be cleaned yearly to allow water to flow free and to protect against floods, but some channels were receiving inadequate funding for the work.
The capital has 21 major drainage channels and storm water drains that has to be cleaned and repaired every year.
“The budget should be used to clean and repair all storm water drains and channels several times, but in reality we have to prioritise the …..
The Vientiane Police Headquarters Office revealed this week that there were 26 cases of crimes committed during the recent long holiday of Pi Mai Lao involving millions of kip.
Before the holiday Police and local security officials had warned the public to be on their guard against opportunist thieves on the streets, vehicle theft and social disorder over Pi Mai Lao and during the period there were ….
One of Vientiane’s architectural masterpieces is available for rent soon. Designed entirely by a landscape architect, The Cube is a home that pushes the limits of modernity unlike almost any other in Laos.
Designed with practicality and leisure in mind, the architect has lent a unique use to every inch of space with all eventualities in mind whilst adhering to an almost scientific definition of beauty.
Its progressive design features a swimming pool as the central, focal point, with large glass window panes flooding the ….