Category Archives: Economy

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EDL, Billions of Kip in Debt

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Electricite Du Laos (EDL) has caught the attention of the National Assembly due to the massive debt  it has acquired.

During a recent National Assembly session, the Minister of Energy and Mines, Dr Khammany Inthilath, was questioned by NA members as to how the excessive debt was accrued.

The minister

Laos Must Focus on Family Planning in Order to Prosper

familyplanning

In line with nationwide efforts to graduate Laos from Least Developed Country (LDC) status by 2020, Laos strategically held its First National Conference on Family Planning at the beginning of this month.

Themed, “Investing in Family Planning for Economic Prosperity”, the Ministry of Health initiated the conference that gathered more

Laos to Link to Vietnamese Oil Pipeline

laos-vietnam-oil-pipeline

A feasibility study has shown that a proposed oil pipeline designed to connect Hon La Harbor in Vietnam to Kammuan province in Laos, will reduce petroleum prices for the country significantly.

As previously reported by The Laotian Times, the Laos-Vietnam oil pipeline project is an ambitious plan to import …

National Assembly Seeks Price Stability

expired foods

The price of merchandise in Laos, specifically food products, has been under tough scrutiny by the public for many years. Social media has given disgruntled citizens a platform to criticize the cost of goods that can vastly differ between markets and shops within the same city, suggesting to the government

Vientiane Expressway Route Reviewed

Vientiane Expressway Project

Much has been speculated on the six-lane, 14 km Vientiane expressway that will run from Lao-ITECC in Xaysettha district to Dongmakhai village in Xaythany district. With completion slated for 2019, ministries are now examining where the route will pass through to ensure that densely populated areas are avoided.

As previously

Laos Going Green, Aims to Plant 20 Million Saplings

trees

In a commendable effort to restore 70 percent of forest coverage by 2020, the Ministry of Agriculture and Forestry aims to farm over 20,000 hectares of tree saplings.

In prior years, Vientiane has planted over 2.7 million seedlings on nearly 400 hectares, with an estimated 90 percent survival rate. The

Officials Follow Through; 15 Concessions Revoked

mining

After failing to achieve their end of the agreement, fifteen mining operations have had their concessions rescinded by the government due to unsuccessfully demonstrating any advancement in the projects that had been proposed to officials.

During the ordinary session of the National Assembly last week, Minister of Energy and Mines, …

Laos and IRRI Maintains Partnership in Food Security

rice

The International Rice Research Institute (IRRI) and the Lao government have reinforced their three decade long partnership in research by expanding the institute’s role in increasing Laos’ food and nutrition security.

An agreement was signed in Vientiane on Monday by Deputy Minister of Agriculture and Forestry, Dr Phouangparisak Pravongviengkham, and …