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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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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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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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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Just Scan To Pay: S’pore And 4 SEA Countries To Link QR Code Payments By Nov, Bypassing USD

The central banks of five Southeast Asian (SEA) countries have agreed to link their payment systems by November of this year, in order to allow for easier transactions for travellers within the region.

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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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Tourist Levy Hits Further Turbulence With Fears It Could Harm Airline’s Effort To Boost Flight Numbers: Thailand

Thailand’s efforts to introduce a foreign tourism levy on incoming passengers and arrivals to the kingdom have been postponed again with the assistant permanent secretary at the Ministry of Tourism and Sports, Mongkon Wimonrat, at this time, citing concerns about how to record the arrival of passengers by sea and land to the country as the reason for the delay and the continuing hiatus relating to the measure.

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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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