Lao Morning News Roundup For February 27

Lao Morning News Roundup For February 27
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Welcome to the Lao PDR morning news roundup by AEC News Today, your one stop for Lao PDR news on matters of governance and policies affecting Asean business communities.


Lao PDR morning news

Inflation remains high in Laos
According to the Lao Statistics Bureau, the inflation rate decreased from 2.49 percent in December to 2.27 percent in January due to the lower prices of some products, notably in the food category.
— Vietstock

50 people die in two weeks of road accidents
A total of 50 people were reportedly killed in road accidents from February 6-19, while over 400 people sustained injuries.
— Vientiane Times (paywall)

Govt orders further action to regulate timber industry, combat illegal logging
The government has entrusted a taskforce committee to take further action to strictly regulate wood processing businesses and clamp down on illegal logging after learning that issues continue to exist.
— Vientiane Times

Retaining Trained Health Workers, a Major Challenge
Developing and retaining a trained public health workforce has become a major challenge, particularly at sub-national levels, an expert has said.
— Lao News Agency

Ministry to set rules for Lao agencies overseas
The Ministry of Foreign Affairs is preparing to enact a new law that will regulate Lao government agencies operating in other countries.
— Vientiane Times (paywall)

Economists concerned about increase in non-performing loans
Economists have expressed concern over non-performing loans (NPL) that banks have given to the private sector.
— Vientiane Times

Phongsavanh Group prepares to invest in Thailand
The Phongsavanh Group plans to expand its business cooperation and investment in Khon Kaen province, Thailand, as part of integration within the Asean Economic Community (AEC).
— Vietstock

Microfinance bodies advised to beef up management
The Bank of the Lao PDR has stressed that Deposit Taking Microfinance Institutions (DTMIs) need to manage their deposits according to the central bank’s rules in order to better manage financial risk.
— Vientiane Times (paywall)

Century Ply ready with strategy for Laos crisis
Country’s leading interior infrastructure maker Century Plyboards India is ready with an alternate strategy for the Laos crisis that banned export of raw wood and veneer since over a year.
— moneycontrol

Phuan festival bolsters Lao-Thai friendship
The annual Phuan ethnic community festival in Thailand has significantly contributed to maintaining and strengthening the friendship between Laos and Thailand along with conserving the traditions of the ethnic group.
— Vientiane Times

Tanmixay-Sikeuth road upgrade 10 percent complete
The 9.4 kilometre road running from the Tanmixay crossroads in Xaythany district to the Sikeuth junction on Road 13 North in Naxaithong district is undergoing an upgrade which is now 10 percent complete.
— Vientiane Times

Vientiane Province Authorises Local Firm to Develop a Recreational Complex in Namxong
Authorities of Vientiane Province, one of the favourite destinations for visitors, have signed a memorandum of understanding (MoU) with a private company to develop a recreational complex in the western area of the Nam Xong River, Vangvieng district.
— Lao News Agency



Feature photo: John Le Fevre



The Lao morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.




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