Vientiane authorities have introduced new restrictions, including a ban on night travel and closure of some businesses and schools, as the community outbreak of Covid-19 widens.
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Insurance Asia honours the most exceptional companies putting out solutions and delivering outstanding value to its stakeholders as it awarded over 100 insurance companies from 24 countries at the sixth Insurance Asia Awards.
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Laos registered a record trade deficit of US$99 million in July, with exports valued at US$374 million and imports at a US$473 million, comprising a total two-way trade value of US$847 million.
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The government has extended Covid-19 prevention and control measures for another 15 days until September 2 with some measures intensified amid rising imported cases.
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A total of 11,753 total cases of Covid-19 have now been recorded in Laos with the announcement on Friday of 440 new cases, while two more deaths from the virus were also reported.
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Last week, the organisation celebrated the provision of its 30,000th meal, a true milestone in its service to impoverished households around the town.
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The company on Tuesday invited interested applicants to apply for the jobs concerning the maintenance of communication, engineering and power supply equipment on the railway.
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Vientiane authorities have ordered the closure of schools in the capital as part of the government’s measures to contain community outbreaks of Covid-19.
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Revenue earned from potential mining operations, revamped state enterprises and from other as yet untapped sources will be used to pay debts amounting to almost US$14 billion
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Go Green! And stay covered with the best EV motor insurance in Laos!
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Recent college graduates in Laos are having trouble finding work, as businesses continue to shut down in the face of economic difficulties tied to the COVID-19 pandemic.
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Authorities in Champassak and Attapeu provinces have ordered lockdowns to stem the spread of Covid-19 outbreak after locally-transmitted infections were reported.
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The Ministry of Finance has revised several articles of the Law on Income Tax, to enable businesses to operate
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Prime Minister Phankham Viphavanh has told the National Assembly (NA) that his administration will make huge reductions in spending on vehicles.
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The United States has an opportunity to reset its relationship with Laos and establish a future-oriented partnership based on economic development to offer a complement to Chinese influence.
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Thailand’s baht could weaken further after reaching its lowest point since late 2017 level of 33 baht per USD, an analyst at Krungsri Securities said on Wednesday, as the economy is challenged by its most severe Covid-19 outbreak so far.
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The government has extended a prime ministerial order aimed at curbing the spread of Covid-19 for another 15 days, based on the increase in the number of imported cases of the dangerous virus, which has killed seven people in Laos.
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Health authorities will continue to use the Johnson & Johnson Covid-19 vaccine despite some unexpected side effects being reported by a few people.
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Laos and Switzerland have agreed to enhance their longstanding ties and cooperation, with Switzerland promising assistance valued at 65 million Swiss Francs to Laos over the next four years.
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Authorities have ordered a lockdown in Sangthong district of Vientiane and villages in Vangvieng district of Vientiane province after locally transmitted cases of Covid-19 were reported.
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New proposals for the survey, extraction and export of iron ore in the form of pilot projects will no longer be considered, the Prime Minister’s Office has announced.
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The escalating deficit will ramp up the government’s public debt burden, posing challenges for Laos in sourcing more funding to address the shortfall.
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The Bank of the Lao PDR (BOL) is now working to tackle several unresolved issues related to financial matters, including differences between the exchange rates in the market and banks.
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Laos is making strides toward providing clear legal guidance for e-commerce operations by issuing legal measures to facilitate the regulation of online business activities.
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As a 420 km high-speed railway nears completion, two Chinese-built highways have been given the green light. Will these projects open up Laos, or make it a crossing point on China’s Belt and Road?
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China and the United Kingdom will provide Laos with more than 1.4 million doses of Covid-19 vaccines in coming week or weeks, the National Taskforce for Covid-19 Prevention and Control said on Tuesday.
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Taskforces for Covid-19 Prevention and Control in Xekong, Attapeu and Savannakhet provinces have ordered localised lockdowns from July 23 to 29 in a bid to stem the spread of infection as more cases are identified.
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The National Taskforce for Covid-19 Prevention and Control is prioritising the rollout of Covid-19 vaccinations in Champassak, Savannakhet, Khammuan and Saravan provinces.
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The Thai baht, once the strongest-performing currency in Asia before the pandemic, has been steadily falling in 2021 and is this year’s worst-hit currency in the region
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The Korean government through Samwhan Lao Sole Co., Ltd trusts the professionalism and the high-end services provided by J&C Insurance Brokers.
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Laos saw a record US$932 million in the value of imports and exports for June, but recorded a trade deficit of US$62 million
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The garment industry in Laos requires more workers, both skilled and unskilled, with almost all garment factories in Vientiane now reopening as lockdown restrictions are lifted.
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Many villages in at least two provnces of Luang Namtha and Luang Prabang provinces are suffering from flooding following torrential rain in recent days, according to local media.
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Officials of the Bank of Lao PDR (BOL) have confirmed that customers or depositors of the Lao Construction Bank Limited (LCB) will be repaid once data of the bank’s depositors are provided.
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Laos on Monday received more than one million doses of the Johnson & Johnson Covid-19 vaccine donated by the United States (US) government.
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The surge in imported cases of Covid-19 has prompted the government to extend the virus control measures outlined in Prime Ministerial Order No. 15 for another 15 days until August 3.
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A man has died after returning from neighbouring Thailand where he was tested positive for Covid-19, Lao authorities said on Sunday.
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The death of an elderly man from Covid-19 brings the total number of fatalities from the virus to four, the National Taskforce for Covid-19 Prevention and Control announced on Thursday.
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Health workers will begin providing second doses of the Pfizer-BioNTech and Sinopharm Covid-19 vaccines on Thursday as part of the immunisation campaign to vaccinate 50 percent of the population by the end of this year.
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The government and shareholders in the Nam Theun 2 hydropower plant have agreed to develop Nam Theun 2-Solar, the largest hybrid floating solar project in the world.
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We create local employment, wearing mask save lives and all proceeds are donated to support the local community ! A win-win project on all levels !!
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The government has extended the ban on the import of cattle and other beef products due to an outbreak of lumpy skin disease, which is continuing to spread in various areas of the country.
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Authorities fear the spread of the highly infectious Delta variant of Covid-19 after nine imported cases have been reported in Laos.
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We are proud to announce that today we made another contribution to the Solidarity Canteen in Luang Prabang to the value of 4,000,000 kip. We carefully selected from the various options, and we love the “grassroot” approach of the Solidarity Canteen.
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The government has vowed to take stronger action to contain the spread of Covid-19 and to tackle economic difficulties created by the pandemic.
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Lao and Russian foreign ministers have agreed that both sides will work together to cement ties and broaden cooperation between their two countries.
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People living in Laos and entering the country will be required to install the LaoKYC programme on their smartphones so they can use the Lao Sou Sou service to scan a QR code.
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Japanese trading conglomerate Mitsubishi Corp. will develop a massive onshore wind farm in Laos that will supply electricity to Vietnam.
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The first green coffee competition ever to take place in the Lao People’s Democratic Republic is underway, part of a broad multi-stakeholder effort to boost the country’s agricultural sector and forge international market connections.
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The consumer price index has continued to surge despite measures imposed by the government to manage the prices of goods in local markets.
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Vangvieng district authorities have asked Vientiane provincial authorities to consider ordering a lockdown in the district after cases of Covid-19 were reported in the area recently.
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The government has approved the construction of an expressway running between Bokeo province and Boten, which will link China and Thailand through Laos.
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China is the largest market for Lao exports, while Thailand remains one of Laos’ main importing countries with imports reaching a record value of US$227 million in May.
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Lao Airlines has announced that flights to several domestic destinations will resume on June 27 and July 2, after being initially planned for June 25.
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Vientiane authorities have an amitious plan to have 80 per cent of its population vaccinated against Covid-19 to create herd immunity and break the chain of Covid-19 infection by the end of this year.
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The National Taskforce for Covid-19 Prevention and Control has expressed concern about emerging variants of the virus
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The first trial run of a train on the under-construction Laos-China railway is scheduled to take place in August.
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Laos values the Asia-Europe Partnership as an important forum for promoting cooperation and understanding between the peoples of the two regions.
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Lao Airlines has announced that it will resume domestic flights on June 25, with several weekly flights to different provinces that will carry travellers who have received Covid-19 vaccines.
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The government has extended the lockdown for another 15 days until July 4 but has eased some restrictions to alleviate the hardship caused by the Covid-19 outbreak and gradually normalise the situation.
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Laos has issued important new guidelines on obtaining investment promotion incentives in the country.
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Everyone entering Laos must comply all of the standard Covid-19 prevention and control measures, even if they have had two doses of a Covid vaccine, a senior government official has said.
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A joint venture agreement was signed in Vientiane on June 10 to establish Thakhek Dry Port Co Ltd, which will develop “Thakhek Dry Port” as a gateway for international goods and encourage Laos to become a regional and international logistics service centre.
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The value of coffee sold by Laos to the European (EU) market is likely to increase thanks to additional EU support for the trade.
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The Lao government has recently approved the route selection for Vientiane-Pakse Expressway Project recommended by a Chinese engineering company.
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Although the number of new Covid cases is continuing to fall, further community outbreaks remain a great concern in Vientiane.
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The Vientiane Taskforce for Covid-19 Prevention and Control has specified the conditions under which local residents, government officials and members of organisations may enter or exit the capital from now until June 19.
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Authorities have issued a new guidance to prevent officials in-charge of natural resources and environment affairs from committing corruption and bureaucratic malpractices.
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The government has extended the lockdown for another 15 days until June 19, with restrictions to continue in areas of infection known as red zones, while some virus control measures have been eased.
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The government is keeping a close watch on Vientiane’s markets and is taking steps to reduce the risk of the Covid-19 virus spreading after it was found that several infected people had visited markets.
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Telecom operators plan to cut the charges for voice calls by 15 percent, as well as increase internet speeds, so that people can study online and work from home more easily during the Covid-19 outbreak.
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The Ministry of Finance, on behalf of the government, has issued an instruction on the suspension and waiver of income tax payments as well as postponement of the payment of the annual road tax for 2021.
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Lao people are hoping that the government will be able to control the spread of Covid-19 after only one new case of the virus was reported on Monday.
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The state-run Electricite Du Lao (EDL) and Vientiane Water Supply State Enterprise have cut power and water tariffs by three and five percent respectively to help people cope with the impact of the Covid-19 crisis.
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The government is speeding up the Covid-19 vaccination programme as it now has enough vaccines for 760,000 people, while waiting for the next delivery to arrive.
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Construction of the Vientiane-Pakxe expressway will go ahead after the government gives the green light for the proposed route, when feasibility studies on all sections of the highway will begin.
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Twenty-nine villages have been named as red zones, meaning they will remain under 24-hour surveillance and general entry and exit is banned in an attempt to contain the Covid-19 virus.
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The National Taskforce for Covid-19 Prevention and Control on Tuesday warned that it will be difficult to prevent the spread of Covid-19 if people with the virus fail to provide information about those they have come into contact with.
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The Ministry of Health has instructed authorities in 18 provinces to classify areas of Covid-19 outbreak into colour-coded zones as part of efforts to control the spread of the virus.
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The government has intensified Covid-19 prevention and control restrictions, while easing some where appropriate, as it extends measures to contain the outbreak for another 15 days until June 4.
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The government has said there is a sufficient supply of foodstuffs and consumer products for at least two months despite delays in transport caused by the Covid-19 pandemic.
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Some provinces where only a few cases of Covid-19 have been recorded remain under lockdown but are easing restrictions to enable people to engage in business and earn a living.
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The number of new Covid-19 cases is spiking, not only in Laos but also in the whole region, despite reinforced measures to contain the spread of the deadly virus.
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Source: Vientiane Times Products ranging from clothes to food and drinks can now be delivered to private homes by several
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The Ministry of Planning and Investment of Laos selected Korea Airports Corporation as a feasibility study provider for the Luang Prabang airport development project.
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J&C Group provided the village administration of Saphanthong Tai with 25 rice bags in the value of LAK 10’000’000
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Vientiane authorities have ordered a 14-day lockdown in so-called red zones of the city where the highest number of Covid-19 infections have occurred.
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Petrol stations in the capital and Vientiane province are now selling premium grade fuel at 11,289 kip per litre, which is the lowest price in the country.
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More and more family members and older people are developing Covid-19 due to failure to comply with measures imposed to contain the spread of the virus.
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The Vientiane Taskforce for Covid-19 Prevention and Control has issued new guidelines which require people wishing to exit or enter the capital to submit certain documents while the lockdown remains in force.
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The unemployment rate has increased sharply since the end of 2020 amid measures imposed to prevent the spread of the virus.
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The government will continue to suspend all passenger transportation services by land, water, and air between the capital to provinces and within provinces.
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Factories are permitted to continue their operations so long as they strictly comply with Covid-19 prevention and control measures, a senior government official has said.
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The government has extended the lockdown for another 15 days until May 20 in an ongoing effort to contain the Covid-19 outbreak as new cases continue to surge.
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The hospitality industry in Laos is facing a further slump as a result of the ongoing outbreak of Covid-19 with about 90 percent of businesses forced to close their doors.
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Bokeo province was recorded the highest number of new Covid infections on Sunday, recording 60 new cases, with an outbreak in Tonpheung district infecting 57 people.
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The new electricity rates for households will be calculated from May to July in provinces under lockdown. The discount applies only to residential consumers and does not include value-added tax (VAT).
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A number of policies are being considered to mitigate the effects of the ongoing Covid-19 outbreak on the economy and people’s livelihoods.
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The year-on-year inflation rate continued to rise in Laos in March amid economic distress triggered by the Covid-19 pandemic.
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The Asian Development Bank (ADB) is optimistic about the growth of the Lao economy amid the Covid-19 crisis and lockdown measures imposed to contain the spread of the Coronavirus.
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Temporary hospitals opened in Vientiane on Monday to accommodate Covid-19 patients amid a surge in new cases, while authorities insist that there are sufficient hospital beds.
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The government has instructed the relevant authorities to review and draw up plans of the essentials they need to deal with the Covid-19 outbreak as the number of cases continues to rise.
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Lao Airlines is suspending all domestic flights until May 5 after the government on Wednesday introduced new measures to prevent the spread of Covid-19 in Vientiane.
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People in Vientiane and some provinces have now had their first and second doses of the Covid-19 vaccine.
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Laos has announced a two-week lockdown in the capital Vientiane, with restrictions also ordered in several provinces as the number of COVID cases in the country suddenly climbs
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Four more people have tested positive for Covid-19, bringing the total number of known cases in Laos to 58, the Ministry of Health announced on Saturday.
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The entire J&C Group team wishes you a prosperous and wonderful 2021 and in meantime stay healthy and safe !
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Two people have tested positive for Covid-19 with the results confirmed on April 10, the national virus taskforce announced on Sunday.
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Laos is now also the third most corrupt country in the Asean bloc, following Myanmar and Cambodia.
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Once opened, the Laos-China Railway promises to be a significant engine of business development in Laos.
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Laos recorded a trade surplus of US$42 million in February even though the value of goods sold to the country’s two main trading partners, China and Vietnam, dropped compared to January.
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Source: Thaivisa Thailand has detected at least 24 cases of the coronavirus variant B.1.1.7 first identified in Britain, a government health
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The Laos-China Railway Power Supply Project has been completed on schedule, paving the way for the planned operation of the railway in December.
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The government has begun vaccinating the most vulnerable and at-risk groups in a step towards ending the acute phase of the Covid-19 pandemic.
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The new security measures are to prevent further accidents along the highway Vientiane – Vang Vieng.
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Better knowledge of copyright and trademarks has become necessary in the traditional handicraft industry.
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In order to maximise benefits from the rail project, Laos must quickly create a business friendly environment.
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All public events are banned over the Lao New Year holiday from April 14-16 as part of the government’s continuing measures to keep Covid-19 in check.
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The building highlights Vietnam’s desire to prevent Laos from spiraling off into China’s orbit.
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Newly-elected Prime Minister Phankham Viphavanh highlighted the seven concerns
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The Consumer Price Index (CPI) stood at 113.61 points in February, indicating an inflation rate of 1.91 percent year-on-year, down from the 2.01 percent recorded in January
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Party Secretary General, Mr Thongloun Sisoulith has become the new President of the Lao PDR
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The Thai economy in 2021 will not rebound from a negative growth of 6.1% last year and could risk facing a financial crisis like in 1997″
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The deal will deepen China’s involvement in the Lao government’s goal of transforming itself into the “battery of Southeast Asia.”
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Once again rewarded as ‘Agent of the Year’, J&C Insurance Brokers was in 2020 performing at the highest level thanks to the support of the APA Insurance’ products!
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Unemployment in Laos has skyrocketed to 23.4 percent, indicating that about 320,000 people are out of work
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Luang Prabang province has begun the first steps in becoming a Smart City through the creation of e-government practices.
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Source: Vientiane Times Motorists across the country are rushing to petrol stations to fill up their tanks after the government
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Authorities have been unable to cap the price of pork, which has now risen above the price set during the Covid-19 pandemic, and are trying to find a way to keep prices down.
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During the recent annual agent/broker celebration held by Forte-Toko Assurance, J&C Insurance Brokers was rewarded as Top Agent 2020.
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Laos, as a least developed country, is still largely dominated by microbusinesses, which account for 94.2 percent of all enterprises in the country
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Although inflation is trending downwards, many people feel their personal situation has not improved at all due to the mismatch between their income and spending.
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Water levels in the Mekong River are down to “worrying” levels with some parts of the major Southeast Asian waterway in Laos and Thailand turning blue due to increased algae growth
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Xekong province will open its first international border crossing with Vietnam next month to ease the movement of goods and people between the two countries.
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Source: Vientiane Times Laos has witnessed increasingly extreme weather events due to climate change causing unusualy situations. In recent years,
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At present, Laos doesn’t have any railways. However, that is about to change in 2021.
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Vientiane authorities are in the process of creating a new district, which will be the tenth in the capital
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The world’s popular soft drink Pepsi, a trend-setter of youth fashion and culture, announced superstar K-Pop girl group BLACKPINK as its new Asia-Pacific spokespersons
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Lao food, fish Larb “Fish mixed salad” recently was selected to show its delicious recipe via a shot video to VIP’s at a global fisheries conference in Rome, Italy.
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The government has issued a notice stating more stringent measures against Covid-19 have been put in place for Feb 1- Mar 31, 2021.
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The government expects to earn its first income from the sale of carbon credit next year after signing an agreement with the World Bank.
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Lao Airlines’ earnings plummeted by 70 percent last year compared to 2019 as result of a sharp drop in passenger numbers due to the Covid-19 pandemic.
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While economic growth in the Lao PDR contracted in 2020 for the first time in over two decades, the economy is set to recover in 2021 and in the medium term, provided the impact of the COVID-19 pandemic is contained and business can resume with trading partners
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The unemployment rate in Laos skyrocketed to 20 percent in 2020, a 10.6 percent increase compared to the figures for 2017, and the global Covid-19 outbreak was the main factor for the sharp increase in the number of jobless in the country.
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The Consumer Price Index (CPI) in Laos continues to rise despite the government’s enhanced measures to control the prices of products in local markets.
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The 11th Congress of the Lao People’s Revolutionary Party opened on Wednesday to track achievements made in implementing the resolution of the 10th Party Congress under the leadership of the Party Central Committee over the past five years (2016-2020).
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Inthanin Coffee claims to be environmentally friendly, with a total of 690 outlets in Thailand and eight overseas. The business is run by BCP’s wholly-owned Bangchak Retail Co.
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Local authorities have been urged to monitor border crossings to prevent people from entering Laos illegally from Thailand, to stem the spread of Covid-19 after a widespread outbreak in Thailand.
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The developers expect to spend more than US$47 million to create tourism activities alongside environmental conservation measures undertaken by the Khamphay Sana Group.
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Laos’ state-owned postal enterprise is looking forward to working with its newly-signed partner, ZTO Express, a China-based provider of services including express delivery, logistics and e-commerce, to upgrade the skills of IT personnel as well as build capacity in other areas.
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Several areas of Vientiane have been designated for development as “smart zones” through the use of Information, Communication and Technology (ICT) in the development of the capital.
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All vehicles using the newly-opened Vientiane-Vangvieng expressway must pay the set toll rates, except in the case of an emergency or accident, when specially designated ambulances can enter free or charge.
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More than 10,000 people have been nominated by state sectors across the country for hiring as new civil servants but the government has decided to recruit only 1,600 officials in 2021
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The China-Laos railway tracks have successfully extended from Lao capital Vientiane to northern Laos’ transport hub Luang Prabang on Tuesday, thus accomplishing all the construction targets set at the beginning of 2020.
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Tourists from Vientiane and other nearby provinces are rushing to Vangvieng district for a short break despite the suspension of the Vangvieng Music Festival to curb the spread of the Covid-19 pandemic.
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Vientiane authorities have pledged to carry out 30 large-scale development projects from now until 2025 in a bid to accelerate the capital’s economic growth.
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The Enterprise law and the Law on Independent Audit are the main laws that establish audit requirements in Laos.
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Thailand could see tens of thousands of new COVID-19 cases per day by mid January, if people fail to follow the preventive guidelines issues to combat the spread of the virus.
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The government is continuing the suspension of charter flights as of Wednesday, aiming to prevent people bringing the coronavirus into Laos.
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Not only natural persons (individuals) but also legal persons, such as companies, NGOs, associations, and foundations operating in the Lao PDR, now face criminal liability under new legislation enacted by the government aimed at strengthening the rule of law in the country.
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Free Covid-19 vaccinations will be available for Lao people next year to provide protection against the potent virus while the threat of infection persists.
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Motorists will now have the convenience of travelling from Vientiane to Vangvieng in an hour following the opening of a new expressway linking the capital to the popular tourist destination on Sunday.
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Authorities have ordered the postponement of many popular festivals and their related activities scheduled to take place in the provinces in a recent move to prevent a potential Covid-19 outbreak in Laos.
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The government and private sector are partnering to promote the development of electric vehicles to encourage the use of clean energy and reduce greenhouse gas emissions.
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The Consumer Price Index (CPI) has dipped in recent months after inflation peaked at 6.94 percent in January.
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The upcoming Made in Laos 2020 fair, to be held at Lao-ITECC in Vientiane from December 25 to January 3 next year, will be used as a platform to spur domestic consumption and to promote a range of “Made in Laos” goods.
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Customers of many banks in Laos will now be able to transfer money via a mobile application managed by the joint venture Lao National Payment Network Co Ltd (LAPNet) under the Bank of the Lao PDR (BOL).
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Thailand will remain closed to the vast majority of foreign tourists until at least the second quarter of 2021.
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Source: RFA Up to eight people were killed or injured in a blast at a checkpoint on the Laos-Vietnam border
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Authorities have postponed the opening of the 113.50-km expressway linking Vientiane and Vangvieng as work on the project is not yet fully complete.
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The government will no longer issue entry visas for people travelling to Laos from countries with a community outbreak of Covid-19, the national taskforce has announced.
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Laos reported a record US$729 million in imports and exports in October this year, with the value of exports put at US$347 million and the value of import calculated at US$382 million.
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The government has cited five reasons for its spiralling public debt over the past five years, which is continuing even though measures have been introduced to address it.
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The Vientiane-Vangvieng section is about 110 km long, designed as a two-way four-lane expressway with a design speed of 80 km to 100 km per hour.
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The Fourth Industrial Revolution is a train that you either get on or you’ll find yourself being left far, far behind.
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RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of South East Asian Nations (ASEAN)
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The government is optimistic that the economy will grow by 4-4.5 percent next year despite complex global changes and Laos’ financial difficulties.
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The banlao.la Homes, Loans, and Lifestyle Expo will see 100+ companies under one roof at the NCC in Vientiane Capital and is set to welcome 10,000+ guests from across Laos, the ASEAN region, and Mainland China
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The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries.
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The impact of the coronavirus on the economy has driven revenue collection back by three years, the deputy prime minister has told the National Assembly
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The Prime Minister’s Office issued the update on Saturday, relaxing some of the restrictions in a bid to gradually normalise the situation and mitigate economic impacts.
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The first section of electrical high-voltage power cable for China-Laos Railway has been successfully laid in position.
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The Lao government has announced that it will manage and address public debt in various ways as it seeks to ease the country’s financial tensions.
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‘Inadequate’ foreign exchange reserves, a widening current account deficit, contingent liabilities from public–private partnerships, poor governance — including weak institutional capacity and corruption controls — and constrained political freedoms that limit accountability have all contributed
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The government is temporarily reopening some “local” and “customary” border crossings in a bid to revive the economy and minimise the impacts of the Covid-19 pandemic.
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A survey conducted in 2019-2020 revealed that 851,257 families in Laos work in agriculture
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Incomers are expected to spend a shorter time in quarantine; Authorities are also considering the use of electronic tracking devices
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The lower growth rate is attributed to several factors linked to the global economic slump, triggered by the Covid-19 pandemic.
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The economy will feature as one of the main topics of debate at the 10th Session of the National Assembly (NA)’s 8th legislature, which starts next week.
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Stakeholders from the public and private sectors as well as civil society met in Vientiane to discuss and exchange views on the establishment of a consumer protection association.
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Provincial authorities are working to urgently assist flood-affected villagers in Savannakhet by providing drinking water, rice, and other necessities after heavy rain caused flash flooding in the region over the weekend.
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Upon arrival in Laos, incomers will be tested for Covid-19 and will be quarantined at a designated location for 48 hours while they await the test results.
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The Bank of the Lao PDR (BOL) is upgrading its IT infrastructure system to ensure financial transaction services throughout the country.
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Tour and hospitality business operators have massively cut the cost of their services and package tours to make prices more affordable and encourage Lao people to take vacations around the country.
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China has agreed to support Laos through three projects as part of efforts to strengthen cooperative relations between the two countries.
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Many firms are effectively conducting business and basing their pricing on foreign currencies sold in the parallel market
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Laos is undergoing an unprecedented level of macroeconomic stress and the pandemic has worsened an already fragile economic landscape.
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Laos recorded a total trade value of US$762 million for imports and exports in August 2020, comprising US$377 million worth of exports while about US$384 million was expended on imported goods
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Although Laos was able to dodge severe health impacts from the COVID-19 pandemic, the effect on the country’s economy, particularly on the tourism sector, is being projected to be devastating.
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Lao Airlines State Enterprise has issued travel advice for passengers wishing to use the airline to enter or exit Laos.
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