Lao Morning News For February 27

Lao Morning News For February 27
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Lao PDR morning newsAgreement Reached On Compensation of Railway Project Affected Families
Laos-China Railway Project and relevant authorities have reached agreement on the compensation of families affected by the multibillion-dollar project and asked the families to open account with Banque Pour Le Commerce Exterieur Lao to receive the compensations.
— Lao News Agency 

Govt suffers losses from double-funded projects
Vientiane authorities uncovered nine duplicate-funded development projects in 2017, resulting in the government losing 4.9 billion kip, according to the capital’s recently published annual report.
— Vientiane Times 

Economists highlight opportunities, shortcomings of SEZs
Economists have noted that the establishment of special economic zones (SEZ) by the government has offered both opportunities and challenges for the country’s economic development.
— Vientiane Times 

Lao Telecom Rakes in LAK 1.84 Billion
Last year, Lao Telecom (LTC) raked in a pretax income of LAK1.84 trillion, increased by 1.8% from 2016.
LTC’s net profit in 2017 was LAK381 billion and the tax the company paid to the government was LAK535.2 billion.
— Lao News Agency 

Legal experts assess progress of civil code
Law experts from Laos, Japan and Vietnam will work together to help develop institutional and individual capacity in Laos’ legal sector. The three countries’ cooperation is part of Laos’ plan to transform the country into a state governed by the rule of law.
— Vientiane Times 

Lao Brewery Continues to Support Football Development
Lao Brewery Company Limited has contributed over 1.3 trillion kip to the Lao Football Federation for its development of the Pepsi Lao Premier League, previously known as the Lao Premier League, for 2018-2020.
— Lao News Agency

US Congress delegations visit Laos to deepen cooperation
Two high-level delegations from the US Congress visited Laos from February 21-25 with the aim of promoting friendship and cooperation.
— Vientiane Times 

More females attending school amid gains in gender equality
The school attendance rate by females at the upper secondary school level increased from 45 percent in 2015 to 47 percent in 2016 and to 51 percent in 2017.
— Vientiane Times

 

Feature photo Hurock24

 

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.

 

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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.

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