BFL Voted Best Bank, Opens New Branch

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BFL (Franco-Lao Bank) was voted the best bank in Laos by J&C readers last month. BFL’s win coincides with the opening of its new branch in Sihom Village, Chantabouli District. The official opening, attended by J&C on Friday 3rd February, saw the branch ready for service with a convenient ATM right outside. Sihom is the fourth business unit opened by BFL in Vientiane, the three other business units being in Si Khai Village, Talat Sao Mall, as well as a small unit in U Express which opened in November 2011. Continue reading

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Lao Telecom Firms’ Price-Fixing To Secure Profits In 2012

all-lao-phones-big

Lao Telecom operators are forecasting higher earnings this year after agreeing to set the minimum mobile phone call rate at 800 kip per minute.

LTC, ETL, Star Telecom and VimpelCom Lao reached the agreement at the end of last year, saying call rates would not fall below the minimum except on special occasions. This has enabled them to revise their revenue growth forecasts for 2012. Continue reading

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Case Study Sees Mining As Powerhouse Of Lao Economy

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The mining sector is playing a major role in driving the Lao economy, according to the International Council on Mining and Metals.
According to the study the mining sector has come to represent 80 percent of foreign direct investment (FDI) in Laos.
The mining industry also is a significant contributor to the economy, providing 45 percent of total exports, 12 percent of government revenues and 10 percent of national income. These benefits have been complemented at the local level by stimulating markets and enhancing incomes. Continue reading

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Get Energised with Energy Fitness Training Studio Vientiane

energy-gym

The Energy Fitness Training studio, located on the second floor of the Angkham Hotel, features brand new state-of-the-art equipment and offers patrons a more private space in which to train away from the overcrowded spaces and aged equipment that define Vientiane’s various other gyms. Although still a social studio, Energy focuses on fitness and well-being making it the kind of place you can visit after work, get in and get your workout done without distraction. Featuring the latest designs in training equipment, Energy-FTS is a stress-free fitness training hub that includes Continue reading

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