Ministry Seeks Changes To Expressway Toll, Currency Exchange Rates

The Investment Promotion Department of the Ministry of Planning and Investment has advised the Laos-China Joint Expressway Development Co., Ltd. to revise the toll rate currently charged for pick-up trucks and also the dollar-kip exchange rate

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Lao Economy Set to Recover If Threats Can Be Contained

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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PM Thongloun Elected As Party Chief By XI Party Congress

Prime Minister Thongloun Sisoulith was elected on Friday as Secretary General of the Lao People’s Revolutionary Party Central Committee – the top post in the Party – replacing retiring Party leader Bounnhang Vorachit.

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Unemployment In Laos Soared By 20 Percent In 2020

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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Tonpheung District Under Lockdown After Man Tests Positive For Covid-19

Authorities have ordered a lockdown in the Golden Triangle special economic zone, which includes Tonpheung district in Bokeo province, with no one allowed to enter or leave the district in a bid to prevent the spread of Covid-19.

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Lao Postal Enterprise Partners With Chinese Express Delivery Operator

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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China-Laos Railway Tracks Laid To Luang Prabang, Achieving Yearly Goals

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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More Domestic Tourists Rush To Vangvieng Amid Covid-19 Restrictions

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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Thailand Could See Tens Of Thousands Of New Daily COVID Cases By Next Month: CCSA

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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“Made in Laos 2020” To Promote Economic Recovery After Covid-19 Crisis

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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Can Lao Move To A Digital Economy?

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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Single Entry Tourist Visa To Thailand Now Requires Foreigners To Show Funds Of 500’000 THB

Foreigners who wish to apply for a Single Entry Tourist Visa (SETV) to Thailand are now required to provide 6 months worth of bank statements showing a bank balance of at least 500,000 THB.

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Coming soon! The banlao.la Homes, Loans & Lifestyle EXPO – December 4, 5, 6 2020

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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International Border Crossings Remain Closed To Ordinary Travellers: Latest Update

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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Laos Set Its Own Debt Trap

‘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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Laos To Launch Fast-Track Immigration Service For China Soon

Incomers are expected to spend a shorter time in quarantine; Authorities are also considering the use of electronic tracking devices

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Stakeholders Discuss Establishment Of Consumer Protection Association

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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Luang Prabang Film Festival’s Lao Filmmakers Fund Awards Seven Grants To Local Film Projects

A psychological thriller about a young woman experiencing trauma and two new features from first-time directors are among those to win support from the 2020 Lao Filmmakers Fund

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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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Laos: Illegal Trade With Terrestrial Vertebrates In Markets And Households

It’s not a surprise to anyone that numerous vertebrate species are being sold at different wildlife markets, but at the moment there is still no comprehensive understanding of how much people are involved in those actions in Laos (Lao PDR), nor what the impact on local wildlife populations really is.

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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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Ministry To Increase CCTV Camera Coverage In City

The Ministry of Public Security will increase the coverage of Closed-Circuit Television (CCTV) cameras in the capital, with an aim to improve surveillance, monitor crimes better, and help police deal with anti-social elements.

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Chinese Workers and Gamblers Illegally Stream Into Laos to Avoid Quarantine

Laos has detained and deported hundreds of Chinese nationals in recent months for illegally entering the country to sidestep a mandatory 14-day coronavirus quarantine period and head straight to casinos to gamble or work

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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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Nation Needs To Focus On Fight Against Dengue Fever

Health authorities say officials and the public have achieved excellent results in controlling the COVID-19 pandemic, but Laos now needs to prevent an outbreak of a virulent form of dengue fever this rainy season.

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Insurance Cover for USD100,000 Stipulated for all Returning Foreigners To Thailand

The regulations state that passengers must show they have medical insurance which applies in Thailand and covers anything and everything to do with covering COVID19. The minimum medical coverage in Thailand is for an amount of not less than USD100,000.

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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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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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