Lao morning news for February 11

Lao morning news for February 11

Lao PDR morning news

Tariff cuts have no significant impact on revenue collection
The government is still expecting the customs sector to play a key role in generating income even though Laos has eliminated import tariffs on most goods from Asean member countries.
— Vientiane Times

Laos’ rapid economic growth path has so far avoided macroeconomic cliffs
Laos is one of the fastest growing economies in Southeast Asia. On average the country’s economy has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth.
— East Asia Forum

Australia approves AUD4.5 million for business, trade improvement
Laos is now actively working to improve the business environment and facilitate trade as part of supporting the government’s policy to improve the ease of doing business.
— Vientiane Times

Laos’ Investment Outlook for 2019
Laos – often referred to as the “Battery of Southeast Asia” – is one of the smallest nations in ASEAN. The country’s total population is less than ten million.
— Asean Briefing

Songmeunang Foundation Launched
Today, Feb 7 witnessed the launch of the Songmeunang Foundation in That Luang village, Saysetha district, Vientiane Capital.

Central bank urged to stabilise the kip
The Bank of the Lao PDR must introduce more concrete measures to keep the value of the kip stable, otherwise the country will face a big challenge in keeping the cost of living at an acceptable level, according to a report from the Lao National Statistics Bureau.
— Vientiane Times

Rail link to boost Lao, Thai economies
The frequency of Lao and Thai people visiting each other’s country will increase, and so will the growth of trade and cooperation in product development.
— Borneo Bulletin

Authorities announce bush fire prevention strategies
The government is on bush fire alert as temperatures rise and the country’s forests become drier.
The Ministry of Agriculture and Forestry, which is in charge of forest fire management, announced recently that the parties involved must take steps to prevent forest fires in the dry season.
— Vientiane Times

Vice Minister of Health Receives President Of Caritas Luxembourg
Vice Minister of Health Bounkong Sihavong received on Feb 7 a courtesy call from the President of Caritas Luxembourg Mari Josee Jacops as the latter is on a working visit to Laos between Feb 4 and 9, 2019.

Musketeers To Entertain Local Fans At M-Park
M-Park and the Club Sport Bar Community will stage live entertainment at the open air M-Park in Vientiane for fans and public next week.

E-office initiative takes shape
The Ministry of Post and Telecommunications looks set to take a lead in transforming the state’straditional office operations into e-offices.
— Vientiane Times

Pakxong strawberry farm has tasty treats in store | #AsiaNewsNetwork
Most of the crops cultivated are of superior quality and have a niche market, especially the coffee, which is arguably Laos’ most well-known export.
— Eleven Myanmar

Austria’s Tyrol awards PM for SOS Children’s Villages contribution
Austria’s Tyrol state – the birthplace of SOS Children’s Villages – has presented the Grand Non Tyrolian Eagle Award to Prime Minister Thongloun Sisoulith in recognition of his contribution to the development of SOS Children’s Villages Laos.
— Vientiane Times


Feature photo ILO in Asia and the Pacific

This week’s Lao morning news feature photo acknowledges International Day of Women and Girls in Science February, 11.


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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Piseth Pov graduated with a Bachelor’s degree in Economics Science from the Royal University of Law and Economics, Phnom Penh in 2017, and a Bachelor’s degree in English Communications from Western University, Phnom Penh, the same year.

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