Lao Morning News For October 5

Laos’ Growth Projected to Moderate to 6.7 %, Says World Bank
Laos’ economic growth is projected to further moderate to 6.7 percent in 2017 as strong exports are weighed down by slowdown in investment, weaker tourism and stronger controls over government spending, World Bank said in its October 2017 edition of the “East Asia and Pacific Economic Update”
— Lao News Agency

ADB Funds to Scale Up Sanitary, Phytosanitary Efforts in Lao PDR
The Asian Development Bank’s (ADB) Board of Directors has approved a $10 million grant to the Lao People’s Democratic Republic (Lao PDR) as additional financing to scale up efforts to improve food safety and ensure plant and animal health, as part of an initiative to improve sanitary and phytosanitary (SPS) capacity in the country.
— The FINANCIAL

PDI plans investments in two Lao hydropower plants
Padaeng Industry Public Co Ltd (PDI) plans to further expand its capacity to generate renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos with a total capacity of 114 megawatts.
— The Nation

City mulls compensation for families displaced by railway
Vientiane authorities will determine the compensation to be awarded to households who will lose land and crops to the Laos-China railway according to the Prime Ministerial Decree on Compensation and Resettlement for People Affected by Development Projects, issued in April 2016.
— Vientiane Times

Lao Government Consults Stakeholders on Draft Mining Law
The Prime Minister’s Office, together with the Ministry of Energy and Mines held a consultation meeting with stakeholders to the new mining law.
— Lao News Agency

400kg of Lao marijuana seized
Border patrol police seized 400kg of compressed marijuana from Laos in Na Yoong district Tuesday. They believed the shipment was destined for Japan.
— Bangkok Post

Will Laos break precedent by obeying arbitration award to Thai-Lao Lignite Co?
Your story “Laos seals Malaysia energy deal” (September 30) cites “a senior Lao official” and says “Laos has agreed to sell 100 megawatts (MW) of electricity to Malaysia via Thailand’s power grid in a trade deal signed this week by the involved parties”, and says “the exported power also included electricity generated by the Hongsa lignite power plant”.
— The Nation

Party chief requests stronger Vietnam-Laos trade, connectivity
Party General Secretary of Vietnam Nguyen Phu Trong has urged the governments of Vietnam and Laos to develop measures to increase two-way trade and boost connectivity in their economies, transport infrastructure and energy systems.
— Vientiane Times

Families refuse compensation on 450-Year Road
Some 122 families have not accepted compensation for their 167 land plots that were affected by construction of the 450 Year Road, Vientiane authorities have revealed.
— Vientiane Times

Mineral Law to be amended for better mining management
The government is amending the Mineral Law to better regulate the mining sector in the interests of sustainable development.
— Vientiane Times

Traffic police promote festival road safety
The Vientiane Traffic Police Department is operating a booth to explain the importance of road safety during the boat racing festival in a bid to reduce the number of accidents.
— Vientiane Times

Bokeo: School Built with Japanese Funding Handed over to Local Authorities
The Government of Japan has handed over a school built with Japanese financial support under the Japanese Grant Assistance for Grassroots Human Security Projects (GGP) in Pha-Oudom District, Bokeo Province
— Lao News Agency

Visit Laos Year 2018 to Be Launched by This Month End
The government has prepared a number of activities to promote the launch of “Visit Laos Year 2018” in an effort to attract more foreign travelers.
— Lao News Agency

Feature photo Department of Foreign Affairs and Trade
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Lao morning news by AEC News Today is your one stop source for Lao PDR news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

Lao Morning News For October 5 added by Leakhena Khat on October 5, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.