Thursday, 21 September 2017
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laos - Corporate & Commercial - News

Laos prevails in Hongsa Power Plant Court Case

The government has won a long running legal battle with a former investor, Thai-Lao Lignite Co., Ltd., over the Hongsa thermal power project.
Date: 18 September 2017; Type: Legal News; Source: Vientiane Times

Attapeu Governor vows to identify, punish Illegal Timber Traders under Law

Investigations are ongoing to identify those behind illegal timber found on trucks in Attapeu province with the wrongdoers to be held responsible and face the law, the provincial governor has said.
Date: 02 August 2017; Type: Legal News; Source: Vientiane Times

Laos cuts Maximum Concession Period to 50 Years

VIENTIANE, April 18 (PNA/Xinhua) - 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. The move is aimed at maximizing investment benefits for the Lao economy, an official from the Ministry of Planning and ...
Date: 18 April 2017; Type: Legal News; Source: Philippine News Agency

Lao, Singaporean Foreign Ministers hold talks on Bilateral Ties

Lao and Singaporean foreign ministers continue to grow highly valued relations and cooperation between the two Asean member countries, agreeing that bilateral ties and cooperation between the two countries should continue to be enhanced.
Date: 13 February 2017; Type: Legal News; Source: Vientiane Times

Nation sets Sights on Trade Policy Improvement

Laos will continue to be active in improving its regulations and work plan to adapt to the World Trade Organisation (WTO) rules after the country became a member in 2013.
Date: 12 February 2017; Type: Legal News; Source: Vientiane Times

Laos, Vietnam sign Key Documents

Hanoi (Vietnam News, ANN) - Vietnam and Laos signed a series of vital agreements on Wednesday, pledging to boost co-operation between the two governments and countries.
Date: 09 February 2017; Type: Legal News; Source: Vientiane Times

Authorities repeat Call for Return of Nongpaen Project Licence

Vientiane authorities have asked the Lao Asia Trading International Company (LATIC) to return the concession licence they were granted to develop a tourist attraction on marshland in Hadxaifong district, Vientiane.
Date: 07 February 2017; Type: Legal News; Source: Vientiane Times

Lao Government bans Companies from transporting Imported Fuel through Laos

VIENTIANE, Jan 30 (PNA/Xinhua) - Lao government has announced that three companies will no longer be able to transport imported fuel through Laos to third countries, in a bid to plug loopholes that could result in illegally imported fuel. The government has instructed the Ministry of Finance to inform the three companies, namely LS Import-Expo ...
Date: 30 January 2017; Type: Legal News; Source: Philippine News Agency

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Malaysia-Thailand to ink MoU on Security Cooperation

BANGKOK, Sept 20 (Bernama) - There will be closer security cooperation between Malaysia and Thailand with the establishment of a Joint Committee on Security Cooperation, according to a cabinet resolution document released by the Thai government.

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ASEAN enhances Coordination to tackle Cyber Threats

SINGAPORE, Sept 18 (Bernama) - ASEAN member states have agreed on the importance of enhancing coordination to ensure that its cybersecurity efforts across various platforms in countering increasingly sophisticated cyber threats are focused, effective and in synergy with one another.

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Govt opens Centres to register Lao Workers in Thailand

Laos and Thailand have agreed to cooperate more closely to assist Lao workers in Thailand who hold a passport but whose temporary work permit has expired.

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Revenue Rise foreshadowed after Survey reveals Tax Dodging

Taxation revenue to the government is set to increase by 10 percent as a result of a na tionwide survey to identify and update such sources, the Deputy Minister of Finance has said.

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ASEAN to promote Trade with Russia and EAEU

Jakarta (ANTARA News) - ASEAN Economic Ministers agreed to expand trade with Russia and those grouped in the Eurasian Economic Union (EAEU).

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Conclusion of the ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA) and the ASEAN-Hong Kong, China Investment Agreement (AHKIA)

The Economic Ministers of ASEAN and Hong Kong, China (HKC) announced the conclusion of the ASEAN-HKC Free Trade Agreement (AHKFTA) and the ASEANHKC Investment Agreement (AHKIA) at the Second ASEAN Economic Ministers (AEM)-HKC Consultations held on 9 September 2017 in Pasay City, the Philippines.

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ASEAN Meet explores Issues related to Tariff Commitments, Rules under ATIGA

KUALA LUMPUR, Sept 12 (Bernama) - The discussions on Association of South-East Asian Nations' (ASEAN) internal economic-related affairs, which were held in the Philippines at the 31th ASEAN Free Trade Agreement Council, explored issues related to tariff commitments and applicable rules under the ASEAN Trade in Goods Agreement (ATIGA).

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City Authorities register Foreign Workers

Vientiane labour authorities have opened centres to register the foreign workforce in the capital, aiming to issue temporary work permits for those who are currently working illegally.

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ASEAN-Korea Free Trade Area increases Bilateral Trade by 92.3 per cent

KUALA LUMPUR, Sept 10 (Bernama) - Bilateral trade between ASEAN and South Korea has increased by 92.3 per cent to US$118.84 billion in 2016 from US$61.81 billion in 2006 since the ASEAN-KOREA Free Trade Area (AKFTA) took effect in 2007.

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ASEAN MSMEs need More Financial, Technical Support: Study

MANILA - While the Association of Southeast Asian Nations (ASEAN) has available programs and pushing for policies that will boost micro, small, and medium enterprises (MSMEs), the region needs to introduce more financial and technical support to MSMEs, an ASEAN study said.

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ASEAN urged to widen Development through Inclusive Business

MANILA - The 10-member states of the Association of Southeast Asian Nations (ASEAN) are enjoined to promote inclusive business model in the region in order to achieve greater impact of development and reach the bottom of the pyramid.

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Asean Members give Further Boost to Single Aviation Market

Air transport officials of Asean member state countries will work to build up the Asean Single Aviation Market, which is seen as one of the key milestones in developing the Asean Economic Community.

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