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A service for finance industry professionals · Saturday, October 23, 2021 · 554,589,764 Articles · 3+ Million Readers
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Laos Finance Industry Newswire

  • Published on Oct 20, 2021

    Laos accelerates cattle production for export

    The Lao government is expediting the commercial production of cattle for export, notably to China, in anticipation of the opening of the Laos-China railway. But while the railway will facilitate the transport of cattle, investment capital of 1.76 trillion …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 19, 2021

    Lao private sector eyes benefits of Laos-China railway

    The Laos-China railway could be a game changer for the development of Laos but the government must have a clear plan on how to maximise the advantages offered by the $5.9 billion railway, a prominent Lao businesswoman has said. Lao National Chamber of …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 17, 2021

    Laos gov’t clamps down on illegal import of vehicles

    The Lao government has ordered steps to be taken against individuals and businesses that import vehicles illegally and to prevent the improper use of all types of vehicles, with the aim of ensuring that all customs duty and other taxes are paid. Prime …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 16, 2021

    A financier opens a Laotian restaurant in Toronto to keep family legacy alive

    TORONTO -- In Grade 10, Lits Kong won a financial grant that led to her family opening a Laotian restaurant. She didn’t know it at the time, but that strong tie between business, food and family would become central in her life decades later. For a high …

    Source: CTV News Toronto - Neutral
  • Published on Oct 13, 2021

    Laos plans to lower debt to 64.5% of GDP by 2023

    The Lao government has vowed to reduce the total public and publicly guaranteed debt stock to 64.5 per cent of gross domestic product (GDP) by the end of 2023. This is a major goal as outlined in the National Agenda to address the country’s economic and …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 13, 2021

    Vietnamese businesses greatly contribute to Laos’s socio-economic development

    Addressing the event, interim chairman of BACI Duong Dinh Bang said implementing the policy of promoting economic cooperation with Laos, on the basis of the great friendship, special solidarity and comprehensive cooperation between the two countries, many …

    Source: Nhan Dan - Gov't Propaganda
  • Published on Oct 12, 2021

    Laos records $100M trade deficit in first nine months of 2021

    Laos recorded a trade deficit of almost $100 million in the first nine months of this year, although the figure does not include earnings from the export of electricity. The value of exports was recorded at $4.1 billion, while goods worth $4.2 billion were …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 11, 2021

    Feature: Chinese firms bring bright ideas to protect ecosystem in Laos

    by Zhang Jianhua, Sang Wenlin VIENTIANE, Oct. 11 (Xinhua) -- "I never expected to go from being a mountain man to a fisherman, " said 55-year-old Songkham Yathika, who used to live in the mountains of northern Laos and make a living by collecting …

    Source: Shanghai News.net - Neutral
  • Published on Oct 11, 2021

    Laos to boost bilateral India trade, investment

    The Lao Ministry of Industry and Commerce hopes to boost bilateral trade and investment with India in the years ahead by taking advantage of untapped potential and abundant resources in different fields. The country’s position was outlined on October 8 by …

    Source: The Phnom Penh Post - Pro-Government
  • Published on Oct 10, 2021

    Feature: China-Laos railway carrys dreams, brings hearts closer

    by Phouthaphone Sirivong, Zhang Jianhua VIENTIANE, Oct. 10 (Xinhua) -- The sunshine in October is still burning in a railing base in the northern outskirts of Lao capital Vientiane, but what Sida Phengphongsawanh, a trainee for China-Laos railway train …

    Source: Beijing News.net - Neutral
  • Published on Oct 6, 2021

    China-Laos railway to open on time: Lao PM

    VIENTIANE, Oct. 6 (Xinhua) -- Lao Prime Minister Phankham Viphavanh said on Wednesday that the China-Laos Railway will open on Dec. 2 this year as scheduled. Dec. 2 this year will mark the 46th anniversary of establishment of the Lao People's …

    Source: Beijing News.net - Neutral
  • Published on Oct 5, 2021

    River-Rich Laos Invites Bitcoin Miners

    BANGKOK, Thailand -- After China's recent cryptocurrency crackdown, impoverished Laos is now allowing Bitcoin mining, fueled by abundant hydroelectric power from the Mekong River and shrugging off U.S. warnings of disastrous environmental problems. The …

    Source: Free Press - Left-wing
  • Published on Oct 1, 2021

    China's crypto ban a big boon for little Laos

    (MENAFN- Asia Times) BANGKOK – After China's recent cryptocurrency crackdown, impoverished Laos is now allowing Bitcoin mining, fueled by abundant hydroelectric power from the Mekong River and shrugging off US warnings of disastrous environmental …

    Source: MENAFN - Neutral
  • Published on Sep 29, 2021

    Little Laos makes big play in cryptocurrency, raising environmental fears

    BANGKOK, Thailand | Stepping in after China’s recent crackdown, the impoverished Southeast Asian nation of Laos is opening the doors to Bitcoin mining and trading, sensing a cryptocurrency opening fueled by abundant hydroelectric power from the Mekong …

    Source: The Washington Times - Right-wing
  • Published on Sep 28, 2021

    Power supply project of China-Laos Railway put into operation

    VIENTIANE, Sept. 27 (Xinhua) -- The power supply project for the China-Laos Railway was put into operation as the electricity was transmitted from the Khoksaad substation on the outskirts of Lao capital Vientiane to the Vientiane South Traction Substation …

    Source: China News.net - Neutral
  • Published on Sep 3, 2021

    CIMB Niaga and JCB launch JCB Contactless Credit Card in Indonesia – Press Release

    JAKARTA & TOKYO, Sept 3, 2021 – (JCN Newswire) – PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as subsidiaries of JCB International Co Ltd., launched the CIMB Niaga JCB Contactless Credit Card in Jakarta, Friday, 3 …

    Source: WiredPRNews.com - Neutral
  • Published on Sep 27, 2021

    Vietnam bids to woo Cambodia, Laos from China

    (MENAFN- Asia Times) For the first time in many years, Vietnamese Communist Party chief Nguyen Phu Trong held tripartite talks on September 26 with General Secretary of the Lao People's Revolutionary Party Thongloun Sisoulith and Cambodian Prime …

    Source: MENAFN - Neutral
  • Published on Sep 26, 2021

    Mitsubishi invests in Laos wind farm project, biggest in SE Asia

    Japanese trading house Mitsubishi Corp has invested in a massive wind power plant project in Laos to deliver electricity to Vietnam, in what would be the biggest onshore wind farm in Southeast Asia. Mitsubishi said in a recent press release that the 600- …

    Source: Bangkok Post - Neutral
  • Published on Sep 24, 2021

    TEPCO Power Grid, Inc.: Agreement signed over Project for Improvement of Power Utility Management of Electricite Du Laos

    Tokyo--(Antara/Business Wire)- On September 22, TEPCO Power Grid, Inc. (President and Managing Executive Director: Yoshinori Kaneko) has formed a joint venture with three companies including Tokyo Electric Power Services Co., Ltd. (President: Yasuhiro …

    Source: Antara - Gov't Propaganda

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