Lao Morning News For July 3

Laos Will Issue Bonds in KIP
The Lao government has announced that it will issue domestic bonds in LAK (kip) – instead of foreign currencies – with a two-pronged objective aimed at avoiding risks linked to the exchange rate and strengthening the domestic capital market.
— Laotian Times

Lao social enterprise boosts wages of weavers | Video
In Laos, a social enterprise is helping hundreds of weavers earn up to three times the country’s minimum wage. Ock Pop Tok – which means East Meets West – started 17 years ago as a way to keep weaving alive, but now it’s doing much more.
— Channel NewsAsia (video)

China to enhance comprehensive cooperation with Laos: senior official
China will continue to closely coordinate with Laos to further deepen the bilateral comprehensive strategic partnership of cooperation, a Chinese senior official said on Monday.
— Xinhua

Vietnam-Laos judicial ties help protect shared border: Lao PM
The successful cooperation between Vietnamese and Lao justice bodies has made practical contributions to the protection of their shared borderline, said Lao Prime Minister Thongloun Sisoulith.
— VietnamPlus

Regional media raises cooperation, tourism promotion to new level
Media organisations from the six Mekong-Lancang River countries have signed cooperation agreements to promote mutual benefits from media cooperation, enhance promotion for regional tourism and the development of new media.
— Vientiane Times

Mekong-Lancang cooperation media summit opens in Laos
The Mekong-Lancang cooperation (MLC) media summit kicked off in the Lao capital city of Vientiane on June 27.
— VietnamPlus

China Cuts Tariffs for Five Asian Countries
China has adopted conventional tariff rates on a range of imported goods originating from India, South Korea, Bangladesh, Laos, and Sri Lanka, following a recent announcement from the Customs Tariff Commission of the State Council.
— China Briefing

Links, Dentons act on $275 mln Lao PDR mine sale
Linklaters has counselled a subsidiary of China Minmetals Corporation on the $275 million sale of its 90 percent stake in Lane Xang Minerals, which owns the Sepon mine in Lao PDR, to Chifeng Jilong Gold Mining.
— Legal Business Online

Luang Prabang touts charms of second tourist destination
Visiting traditional weaving villages and caves, exploring nature, looking at old wooden houses and enjoying the view from the top of Phouphadeng hill are some of the delights in store for tourists when they visit Nambak and Ngoy districts in Luang Prabang province.
— Vientiane Times

Delegation joins Asem preparations
A Lao delegation led by Ministry of Foreign Affairs’ Economic department director-general Songkan Luang Mouninthon attended the Asem Senior Officials Meeting (SOM) in Vienna, Austria on June 28-29.
— Vientiane Times

Lao students win silver medal in international science contest
EIGHT students from Eastern Star Schools in Vientiane are delighted to have won silver medals after competing in the recent annual Genius Olympiad event in the USA.
— The Nation

Logitech nominates LEGO Group’s CFO Marjorie Lao to board
Logitech International (SIX: LOGN) (Nasdaq: LOGI) yesterday announced that its board of directors will ask shareholders to approve the election to the board of Marjorie Lao, chief financial officer of the LEGO Group.
— Manila Bulletin

University of Health Sciences urging students to take up medicine
Authorities are encouraging students to enrol in the bachelor of medicine programme at the University of Health Sciences for the new academic year to meet the country’s growing healthcare needs.
— Vientiane Times

Feature photo Axel Drainville

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.