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Tag Archives: Prime Minister Thongloun Sisoulith
Prospects for the mining sector in Laos remain unclear as members of the national legislature mull a more interventionist approach to operators with relevant labor， taxation or environmental laws.
A National Assembly legislator said Monday that Prime Minister Thongloun Sisoulith is even considering a “halt to mining operations ….. Continue reading
The government’s proposal to revise the next four-year budget plan (2017-2020) will see the budget deficit increase to 4.39 percent of gross domestic product (GDP), up by 0.32 percent compared to the four-year plan approved earlier by the National Assembly (NA).
Deputy Prime Minister and Finance Minister Somdy Duangdy presented the proposed plan to the …. Continue reading
A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told business leaders in his nation’s capital on Monday.
“Studies have shown that the ASEAN economy is expected to grow at 7% per annum, with a GDP reaching $4.7 trillion in 2020, and the possibility of becoming the fourth-largest economy in the world by 2030,” Thongloun said in his ….. Continue reading
The government has ordered some 1,154 family-unit furniture plants across the country to shut down their illegal operations, a government spokesman announced yesterday.
Additionally, more than 20 wood processing plants located in or near conservation and protected forests areas were also ordered to close down.
The order was approved at ….. Continue reading