Category Archives: Rules and Law

Lao Leaders Return Their Luxury Cars

Lao Leaders Return Their Luxury Cars

Prime Minister Thongloun Sisoulith on Tuesday handed in his BMW 7 Series, following up on a promise made by the country’s leaders that they will no longer drive expensive luxury vehicles in an attempt to exercise frugality.
President Bounnhang Vorachit, who is Secretary General of the Lao People’s Revolutionary Party, was also expected to give back his BMW 7 Series yesterday, an official at the …. Continue reading

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Lao Prime Minister Moves To Stop Land-for-Capital Deals

Lao Prime Minister Moves To Stop Land-for-Capital Deals

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 …. Continue reading

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Govt Fights Corruption, Vows To Cut Excess

Govt Fights Corruption, Vows To Cut Excess

The government has instructed its anti-corruption body to work out necessary measures and carry out inspection to fight against corruption in all forms.
Chaired by Prime Minister Thongloun Sisoulith, the meeting entrusted a committee in charge of debt payment for state investment projects to draw up measures for debt payment so that …. Continue reading

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Officials Warn Consumers About Gift Basket Risks

Officials Warn Consumers About Gift Basket Risks

The health authority has established a system for the inspection of expired goods mixed in markets in an effort to curb the growth in these products according to the regulations.
The sale of fake and expired goods mixed with other products is still a common occurrence in Vientiane, even though the health authorities carry out regular …. Continue reading

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Hundreds Of Police Dismissed For Corruption

Hundreds Of Police Dismissed For Corruption

Some 737 police officers have been dismissed from their posts over the past five years after taking bribes and abusing their power.
More than 1,000 police officers were found to have violated laws and regulations including the 737 who were dismissed.
A report on the cases was presented at the …. Continue reading

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Lao Amended Investment Law Shortens Concession Period

Lao Amended Investment Law Shortens Concession Period

Amendments to the Investment Promotion Law has shortened investment concession periods to ensure closer scrutiny of investors’ operations, Lao state-run daily Vientiane Times reported on Monday.
A draft amendment to the law, which was passed by Lao National Assembly (NA) last week, shortens the investment concession period from 99 years to 50 years, a change that was widely welcomed by NA members during …. Continue reading

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