Working group to focus on sustainability of natural resources Reply

The Laos government encourages the natural resource and environmental sectors to work closely with development partners.

The Laos government encourages the natural resource and environmental sectors to work closely with development partners.

Reposted from Vientiane Times

To manage natural resources and protect the environment, the government is encouraging the natural resource and environmental sectors to work closely with relevant groups and development partners. Representatives from civil, social, government organisations and development partners gathered in Vientiane on Friday to discuss the achievements and work plan of the natural resource and environment sectors as well as challenges and recommendations to be implemented within the sector. More…

Laos’ GDP growth remains robust amid economic challenges: ADB Reply

The Asian Development Bank (ADB) has forecast Laos' economic growth at 7.7 percent in 2013 and 2014, higher than the region's average.

The Asian Development Bank (ADB) has forecast Laos’ economic growth at 7.7 percent in 2013 and 2014, higher than the region’s average.

Reposted from Xinhuanet News

The Asian Development Bank (ADB) has forecast Laos’ economic growth at 7.7 percent in 2013 and 2014, higher than the region’s average. ADB’s flagship annual economic publication, Asian Development Outlook 2013, released on Tuesday in Laos’ capital city of Vientiane, identifies the electricity and mining sectors as the primary drivers of Laos’ strong growth rate. More…

Laos and IFAD to strengthen partnership cooperation Reply

IFAD's country strategy fully aligns with Laos'7th National Socio-economic Development Plan.

IFAD’s country strategy fully aligns with Laos’7th National Socio-economic Development Plan.

Reposted from KPL Lao News Agency

The Lao government and the International Fund for Agricultural Development (IFAD) are looking at how they can further strengthen their partnership, according to the source from Vientiane Times. A Lao delegation led by Deputy Minister of Finance Mr.Santiphab Phomvihane attended the 36th Governing Council of IFAD from February 13 to 14 in Rome, Italy. More…

What Will WTO Membership Mean for Laos? Reply

Laos’ commitment to abide by the WTO’s market access rules will lower the risk of investing.

Laos’ commitment to abide by the WTO’s market access rules will lower the risk of investing.

Reposted from THE DIPLOMAT
By Prashanth Parameswaran

Fifteen years after Laos first sought membership in the World Trade Organization (WTO), the small landlocked Southeast Asian state finally became the global trade body’s 158th member on February 2, 2013. While many have touted the benefits of WTO membership for Laos, Vientiane must grapple with several formidable challenges to realize these benefits in the coming years. More…

Property prices soar in Lao capital Reply

Land in Vientiane's prime locations was going for 3,000 dollars per square metre in 2011.

Land in Vientiane’s prime locations was going for 3,000 dollars per square metre in 2011.

Reposted from Bangkok Post

Property prices in Vientiane rose up to 15% last year, bolstered by foreign-funded development projects and growing confidence in the economy, state media said Thursday. Houmphan Sayalath, managing director of RentsBuy.com, a leading real estate agent, said land prices in town rose 10 to 15% and 50% along the Mekong River bank, the Vientiane Times reported. More…

Lao Airlines domestic flights busy over New Year Reply

Passengers disembark from a Lao Airlines flight.

Reposted from Vientiane Times
By Khonesavanh Latsaphao

This year many Lao passengers are catching airplanes at the Wattay Domestic Terminal in Vientiane to return to their hometowns in the provinces for the New Year’s holiday. Lao Airlines operates domestic flights between Vientiane and Luang Prabang, Xieng Khuang, Oudomxay, Luang Namtha, Bokeo, Savannakhet and Champassak provinces. The airline operates Airbus A320s and ATR 72s. More…

Coca-Cola to Begin Bottling Operations in Laos 1

Coke is planning bottling and distributions operations in Laos, which has seen high growth over the past decade.

Reposted from The Wall Street Journal
By BEN OTTO

Coca-Cola Co. plans to begin bottling its products in Laos by 2014, moving in on Southeast Asia’s smallest economy, where rival PepsiCo Inc. has deep distribution lines. While Coca-Cola’s beverages have long been available in Laos through third-party distributors, the Atlanta-headquartered beverage giant plans to build its first bottling facility in the country as part of a drive to deepen its presence across Southeast Asia. More…

Laos makes the transition to flat screen TVs Reply

Laos consumers’ increasing interest in flat TVs will change the TV segment.

Reposted from Rapid TV News
By Louise Duffy

Consumers in Laos, one of the lesser developed TV markets in south-east Asia, are slowly but surely making the transition from buying traditional CRT TVs to flat panel TVs. According to analyst firm GfK, TV sales in capital city Vientiane for the third quarter of this year saw a 20% increase in overall share of the flat panel TV segment from the 47% reported in the previous quarter. More…

New roads to give suburbs better links to Vientiane Reply

Mr.Detsongkham Thammavong and Ms.Sengkeo Phimmasone display the signed contract.

Reposted from Vientiane Times
By Somxay Sengdara

Three new roads are to be built that will provide a more accessible connection to Vientiane city centre from Xaysettha and Hadxaifong districts.
The project will involve the construction of more than 20 kilometres of concrete highway, complete with roadside drainage, street lights and bus stops and is costing 592.8 billion kip (about US$75 million). More…

Asia-Europe Parliamentary Partnership Meeting kicks off in Laos Reply

ASEP is part of partnership process between Asia and Europe.

Reposted from Global Times

The Seventh Asia-Europe Parliamentary Partnership Meeting (ASEP-7) kicked off in Lao capital Vientiane on Wednesday. The meeting, themed “Asia-Europe Parliamentary Partnership for Sustainable Development”, is to last for two days till Thursday. More…