Laos, Cambodia Further Strengthen Bilateral Cooperation

Bilateral cooperation has been constantly promoted to strengthens area such as national defense and public security, economy and trade.

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How To Register A Business: Laos Goes Online To Ease Start-Up Process

The steps needed to register a new business have now been posted online to ease business start-up, which will save time and simplify the process.

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Govt Eyes 14.6% Revenue Increase From Tariff-Fees In 2023

To achieve this goal, the Ministry of Finance has pledged to modernise customs management systems at the main border checkpoints as part of efforts to plug loopholes resulting in financial leaks

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Laos Launches Study On Electric 2-Wheelers

The Study examines the financial viability and environmental sustainability of implementing a battery swapping system model for electric two-wheelers in Vientiane, to help achieve the government’s 2030 target of 30 percent electric vehicle penetration

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Lao Economy Projected To Grow At Only 2.2 Percent This Year: IMF

The IMF’s downgraded growth for Laos is linked to both external and internal factors, with the report forecasting that global growth will decrease from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023.

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Some 700 Malaysians Trapped In Laos After Answering Casino Job Ads

Some 700 Malaysians are reportedly being held captive in Bokeo province, Laos and have been abused by the resort managers who are allegedly demanding a large ransom for their release

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Noncommunicable Diseases Responsible For 45 Percent Of Deaths In Laos

Four noncommunicable diseases – cancer, cardiovascular disease, diabetes and chronic obstructive pulmonary disease – claim 30,000 lives annually and are responsible for 45 percent of all deaths in Laos

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Vientiane City At High Risk Of Widespread Dengue Outbreak

On August 7, the Centre of Information and Education for Health, under the Ministry of Health, reported that 15,661 people had contracted dengue fever so far this year and 16 people are known to have died from the virus.

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World Population Day: A Time To Support Individuals’ Rights 

Local authorities around the country, as well as families, teachers and communities, must do more to uphold the rights of local people and ensure their needs are met, according to Deputy Minister of Planning and Investment,  Dr Sthabandith Insisienmay.

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Why A Monopoly Like The Lao Electricity Company Is Making Losses

Electricite du Laos (EDL), a monopoly company which should generate a significant amount of revenue from its dominance in the energy market, has been operating at a loss for many years and has accumulated huge debts.

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State Enterprise Reform: Some Now Profitable, Others Dissolved

Two banks previously owned by the state and which suffered chronic losses have begun making a profit following major reforms that saw a 70 percent stake in the banks sold to local investors

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Covid-19 Cases In Laos Surpass 200,000 But Infections Are On A Downward Trend Despite Festive Season

The National Taskforce for Covid-19 Prevention and Control reported in an announcement yesterday that the Covid-19 situation had not been dramatically affected by new year celebrations.

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Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets

Under the new rules, non-resident e-commerce and digital platform providers must register for a tax identification number (TIN) via an online portal to file and pay their taxes. Further, they must register and pay value-added tax (VAT) if their annual revenue meets a certain threshold.

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Laos’ Health Ministry To Roll Out Second Round Of Covid-19 Booster Shots

Fourth Covid-19 vaccinations will be offered to frontline workers, people with immunodeficiency or chronic disease, and people over the age of 60.

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Labour Ministry To Set Up Worker Database

A Labour Registration and Data Platform will be set up in Vientiane for the compilation of information concerning both Lao and foreign nationals working in Laos.

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Foreign Currency Deficit Among Economic Challenges Confronting Laos

Laos’ overall balance of payments situation is negative despite a trade surplus of US$1.32 billion in 2021 because foreign exchange inflows represent only 26.45 percent of the total export value.

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Ministry Mulling Cancellation Of Lao New Year Festivities

The Ministry of Health is considering cancelling Lao New Year festivities because of the Omicron outbreak, with the number of new Covid cases reported each day having risen from under 200 to upwards of 800.

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Work On Vientiane-Vung Ang Railway Expected To Start In November

The railway, estimated to cost US$5 billion, is a proposed line that the Lao and Vietnamese governments have agreed to jointly develop. It would enable landlocked Laos to access the deep seaport – the closest feasible seaport to Vientiane.

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Measures To Free Stranded Trucks, Rail Transport To China Outlined  

Lao authorities will ask their Chinese counterparts to consider reopening more border crossings to allow trucks carrying goods to enter China as hundreds remain stranded at the Boten-Mohan crossing on the Laos-China border.

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Laos Records First Locally-Transmitted Case Of Omicron

The National Taskforce for Covid-19 Prevention and Control has warned the public to be vigilant following the identification of the first locally-transmitted case of the Omicron variant of Covid-19 in Borikhamxay province.

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Schools Prepare To Resume Face-To-Face Classes

Education authorities are assessing the readiness of schools in Vientiane to restart face-to-face classes in Grade 5 of primary schools and Grades 4 and 7 of secondary schools following months of closure due to the Covid outbreak.

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