Laos To Lose Favourable Trading Status After LDC Graduation

Laos could face a trade loss of US$102 million under the special tariff scheme if the country graduates from the UN’s Least Developed Country (LDC) status in 2024

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Foreigners Permitted To Purchase Limited Ownership Of Land-Use Rights – Amended Lao Land Law

Today sees the entry into force of the new Law on Land No. 70/NA dated 21 June 2019 (the “2019 Land Law”), which among other things, includes new provisions concerning the limited ownership of land-use rights by foreigners under certain circumstances, and the limited ownership of individual units in a condominium or apartment building.

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Vinamilk Poured An Additional $ 41 Million Into The Dairy Project In Laos

Vinamilk’s investment capital in Lao-Jagro has increased from 25.4 million USD to 66.4 million USD. Additional capital increased to build the first two farms in the complex of high-tech dairy farms in Laos.

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Top 3 Expos Of Laos Postponed To 2021 Due To Covid-19 Crisis

The organisers of the top three expos of Laos have announced that LaoBuild 2020, Lao Food & Hotel 2020 and LaoCafe 2020 have been rescheduled to June 17-19, 2021 in line with the government’s Covid-19-related restrictions.

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Laos Toughens Anti-Money Laundering Measures

Source: Vientiane Times The National Committee for anti-money laundering (AML) and counter-terrorism financing (CTF) has reviewed the progress of preparations

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J&C Insurance To Provide Property Insurance For Villa Maydou And Maison Houng Chanh In Luang Prabang

The Villa Maydou Boutique Hotel is one of the most charming residences in Luang Prabang, where you can enjoy a traditional Laotian atmosphere.

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PRI·MED Medical Products Announces New Medical PPE Manufacturing Facility in Laos

PRI·MED Medical Products (PRI·MED), a worldwide leader in manufacturing single-use medical personal protective equipment (PPE) including face masks, gowns and examination gloves – has today announced the development of a new manufacturing facility in Vientiane, Laos

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International Flights To Thailand Won’t Resume Until September, Says Aviation Authority

Thailand Civil Aviation Authority (CAAT) has said it will be September before international flights to and from the country resume.

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Laos Has Avoided A Major Health Crisis, Yet To Be Immune To Global Economic Downturn

The Lao PDR has so far avoided a major health crisis but has not been immune from the global economic downturn as the COVID-19-induced economic recession has affected the country through multiple channels including tourism, trade, investment, commodity prices, exchange rates, and lower remittances.

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Lao Employment Law During The COVID-19 Pandemic

We address the human resources challenges facing employers in Laos and answer the challenging questions relating to the workplace within Laos’ labour law framework and COVID-19-specific regulations and guidance

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Labour Ministry Orders Businesses To Pay Workers Amid Virus Outbreak

The Ministry of Labour and Social Welfare has instructed businesses in the production and service sectors to respect the Law on Labour, related laws, and regulations on the payment of workers affected by the Covid-19 outbreak.

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Work Completed On Laos’ Third Longest Tunnel For Railway Link With China

Work on the country’s third longest tunnel at Namor district in Oudomxay province, which is part of the Laos-China Railway Project and has a length of 9020 metres, has been completed.

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PM Extends Restrictions For Virus Control, Some Eased To Minimise Economic Impact

The prime minister told the cabinet to remain tough in enforcing his Order No. 6 which imposes tougher prevention and control measures, and measures imposed by the relevant authorities.

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Factories, Businesses To Operate Amid Lockdown

Factories and businesses at the heart of the Lao economy will be able to resume their operations amid the extended lockdown ordered by the Prime Minister to combat the Covid-19 pandemic.

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Nearly 300 Lao Workers Strike Over Unpaid Wages at Chinese Garment Factory

Hundreds of workers staged a protest last week at a Chinese garment factory in the Lao capital, saying the firm did not pay their wages for March and ignored government orders to close the factory to combat the COVID-19 outbreak.

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J&C Insurance Awarded “Agent Of The Year” by APA Insurance

The award was presented by Mr. Dean Robertson, CEO of APA Insurance, in recognition of J&C Insurance’s distinguished service and achieving the highest of standards in all areas of agency growth, customer service, and good business practices.

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Events in December by J&C Marketing

Marketing is the major reason why one product can be sold for 2 extremely different prices even though the cost

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Lao Banks Partner In Integrated Payment System

The Bank of the Lao PDR (BOL), the country’s central bank, on Monday officially launched the new joint venture Lao National Payment Network Co Ltd (LAPNet) in collaboration with seven major banks.

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Central Bank To Focus On Currency Management Amid Challenges

Laos’ central bank will tackle challenges to ensure the stability of the kip and prevent it weakening further against the Thai baht, and ensure the rate of inflation stays below 5 percent.

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Onboarding New Marketing Clients

J&C Marketing is glad to welcome Phanthamit Analytical Lab, The Spirit House, and Davina Furniture as our new clients. We are delighted to work for them and help them strengthen their marketing efforts.

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Thailand Turns To China For High-speed Rail Boost

China has become a major player in the railway industry and, as a result, many countries — including Thailand — are working with China to develop their own high-speed rail networks.

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Cambodia’s “Reckless” Microfinance Industry Puts Economy At Risk

Cambodia’s $8 billion microfinance industry, touted by Western aid groups and foreign investors as bringing financial opportunities to the country’s poor, is ensnaring families in crushing debt and could threaten the country’s economy

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Gardening & Home Maintenance Services in Vientiane

Gardening is a much-loved activity but unfortunately, due to our busy lifestyles, we don’t all have the time to beautify our outdoor spaces. The same goes when repair works in and around the home are needed.

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Private Sector Hopes For Easier Business Operation Through Int’l Evaluation

The private sector in Laos is optimistic that trade and investment will be made easier by the public sector following the application of international evaluation standards.

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J&C Services Signs Strategic Partnership Agreement With APA Insurance

The agreement was signed by the APA CEO, Mr Dominick Williams, and founder and CEO of J&C, Mr Stephan Aeschbach, on Friday in Vientiane.

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Laos ‘Disciplines’ Hundreds of Corrupt Officials in Recent Months, Jails Few

The Lao government has disciplined more than 200 officials involved in taking bribes or embezzlement in recent months as part of a bid to crackdown on rampant corruption in the Southeast Asian nation, but few have been held criminally accountable for their actions.

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Thailand Resisting Falling Into Rail Debt Trap

Despite Thailand’s vow to rely on domestic funding as it expands its network of high-speed railways, it could soon accept the offer of a low-interest loan from the Export-Import Bank of China (CEXIM), raising concerns about whether the country is on the verge of falling into a debt trap.

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Laos’ Trash Problem Is An Ecological Time Bomb

In Laos, newly-empowered consumers are basking in the benefits of the polymer industry without knowing the consequences of their consumption on marine ecosystems.

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Australia Approves AUD4.5 Million For Business, Trade Improvement

Laos is now actively working to improve the business environment and facilitate trade as part of supporting the government’s policy to improve the ease of doing business.

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Laos’ First Ever Specialized Real Estate Investment Show Launches This 1st & 2nd March!

Laorealestate.la, in partnership with the Lao National Chamber of Commerce and Industry (LNCCI) and Laos’ leading online marketplace, www.yula.la, is excited to announce it will be hosting the country’s first real estate investment expo at Don Chan Palace Hotel on Friday & Saturday, the 1st and 2nd of March, 2019.

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Laos not fully benefiting from regional economic integration: think tank

Laos has not fully benefited from the recent regional economic integration as its share of trade with ASEAN nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank.

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Lao Companies Enjoy Success At Asean Business Awards

The 12th Asean Business Awards (ABA) Gala Dinner took place on the night of November 12 last week, shining a spotlight on some of the many successful enterprises from a variety of industry sectors from across the region.

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Asia, Europe Should Cement Cooperation To Narrow Development Gap: Laos

Asia and Europe should strengthen cooperation to narrow the development gap that remains wide, Laos has told the 12th Asia-Europe Meeting (Asem12) in Brussels, Belgium.

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Provincial SME’s Need Regulatory Burden Relief, Swifter Tax Registration

Authorities need to reduce the regulatory burden or “red tape” that businesses face in conducting their activities due to rules and regulations so that their compliance costs can be cut to increase their efficiency.

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