Lao Morning News For October 6

Medium Term Outlook Remains Broadly Favourable: World Bank
Growth will continue to be driven by the power sector, while greater ASEAN integration opens opportunities, especially in agriculture, tourism, retail trade as well as some manufacturing as part of regional value chain.
— Lao News Agency

Thousands file claims against PS Lao Enterprise for 200 billion kip loss
More than 5,000 depositors have so far filed claims against PS Lao Enterprise over the huge amount of money the company mobilised illegally from them several years ago.
The lost money recorded from 5,020 filed cases amounted to 196 billion kip, a task force committee told a press conference yesterday.
— Vientiane Times

Authorities fail to collect sufficient SEZ revenue
Even though Laos’ special and specific economic zones (SEZs) play a significant role in driving economic growth, revenue generated from the sector has failed to meet the set target.
— Vientiane Times

Addressing Public Concerns about Anti-malarial Drug Resistance in GMS Region
Recently, a letter published in The Lancet Infectious Diseases reported on the presence of a drug-resistant lineage (strain) of malaria parasites in southern Viet Nam that is responsible for “alarming rates of failure” of dihydroartemisinin-piperaquine, a first-line antimalarial medicine.
— Lao News Agency

Help for Cambodian, Lao local schemes
Thailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan.
— Bangkok Post

Laos prints its largest, longest sovereign bond issue
The Lao People’s Democratic Republic successfully completed its largest and longest bond issue, with a 14 billion baht ($419 million) six-tranche offering in the Thai debt capital markets.
— The Times Of India

Vientiane marks end of Buddhist Lent followed by Vat Chan boat races
Devotees around the country flocked to temples for tak baat (almsgiving) ceremonies early yesterday morning to mark the end of Buddhist Lent, thankful that the skies did not unleash more rain.
This day is known as Boun Orkphansa and comes three months after the start of Lent in July, which is called Boun Khaophansa.
— Vientiane Times

Lao Front vows to strengthen practical work
The Lao Front for National Construction will stress the development of its organisational structure and enhance the practical work of its personnel.
— Vientiane Times

Laos, China extend areas of cooperation
The Lao and Chinese governments recently approved additional cooperation in the fields of environmental protection, meteorology and hydrology.
— Vientiane Times

Ford F-150 Raptor on Its Way to Lao Customers
Ford Motor Company and Lao Ford City presented Ford F-150 Raptor, redefining high-performance off-road truck segment to customers in Laos.
— 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 6 added by Leakhena Khat on October 6, 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.