Lao Morning News For April 19

Lao Morning News For April 19
Estimated Reading Time: 4 minutes |

Lao PDR morning news

Laos cuts maximum concession period to 50 years
Laos’ newly-amended Investment Promotion Law has moved to cut by half the maximum investment period for new concession projects to 50 years, down from the previous maximum period of 99 years.
Global Times

Laos eases investment terms to boost economy
A NEWLY amended investment promotion in Laos will cut by half the maximum investment period for new concession projects to 50 years, down from previous requirement of 99 years.
The Nation

Tourism sector looking to boost its capacity
The engagement of local authorities and investments will help the government boost the number of foreign travellers over the years to come, reports a senior tourism official.
Vientiane Times

Authorities retrieve 50b kip from corrupt officials
The State Inspection Authority (SIA) has retrieved more than 50 billion kip over the past two years from corrupt officials who had previously embezzled State properties.
Vientiane Times

Finance Ministry Opens Hotline for Public Complaints
The Ministry of Finance has opened a hotline ‘1519’ for the general public members to voice problems or complaints on financial matters.
Lao News Agency

Fires in 2016 Leave Billions of Kip in Damages
The Public Security Unit has unveiled that more than 140 fires occurred across the country last year with damage costs of over 100 billion kip (USD 12.18 million).
Lao News Agency

Laos tackles its drug problem
Five alleged drug kingpins have been arrested in Laos since Prime Minister Thongloun Sisoulith launched an anti-narcotics campaign in September, part of  his communist regime’s bid to tackle endemic corruption, rising crime rates and regional perceptions the country has emerged as a major source and transit route of illegal narcotics.
Asia Times

Alleged Lao drug kingpin Xaysana denies charges
ALLEGED Lao drug lord Xaysana Keopimpha yesterday denied in a Bangkok court that he was a major player in a regional drug network.
– The Nation

Asianface director reportedly involved in business fraud in Cambodia
Investors in an allegedly fraudulent scheme offered by the Asian Face company are increasingly concerned after the involvement of its operator in similar activities in his home country were revealed.
Vientiane Times

Caffeine high as Laos tops South-East Asia’s coffee producer rankings
Laos is riding high as largest coffee exporter in Asean followed by Vietnam in second place and Thailand third according to figures compiled by the Lao Ministry of Planning and Investment.
Vientiane Times

Japan Funds Water Supply System Construction Project in Oudomxay
The government of Japan has handed over a water supply system which was financed and constructed by the Japanese Grant Assistance for Grassroots Human Security Projects (GGP) in Oudomxay Province.
Lao News Agency

Newly Built Blood Centre Opened
The National Blood Centre officially opened its newly built office for public use in a ceremony held at its compound in Xeingngeun village, Chanthaboury district, Vientiane Capital on April 12.
Lao News Agency

Thailand: Suspected Lao Drug Kingpin Pleads Not Guilty to Smuggling Charges
A Laotian man described as a major drug lord in Thailand and elsewhere in Southeast Asia pleaded not guilty Tuesday in a Bangkok court to charges that could carry the death penalty, including smuggling and possession.
Radio Free Asia

Alleged Lao drug kingpin Xaysana denies charges
ALLEGED Lao drug lord Xaysana Keopimpha yesterday denied in a Bangkok court that he was a major player in a regional drug network.
The Nation

Historic pottery discovered in Savannakhet
The items were found around 2.5 kilometres from That Nang Lao village in the district when a local resident stumbled upon the 16 artefacts in a cave on March 29 while foraging for bamboo shoots in the forest.
Eleven Myanmar

 

Feature photo Prince Roy
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Vat Vin

Vat Vin

Vat Vin graduated from the University of Cambodia with a major in Economics. He previously worked as a business writer and journalist at Business Cambodia and as a copy writer at The Source and Solution Group before joining AEC News Today.
Vat Vin

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