laos - General & Misc - News

Nation celebrates Universal Declaration of Human Rights

Government agencies and diplomatic and international organisation representatives gathered in Vientiane to mark the 70th anniversary of the Universal Declaration of Human Rights and its lasting impact, which was supported by the United Nations, European Union and Australia.
Date: 13 December 2018; Type: Industry Updates; Source: Vientiane Times

New Law to better serve Lao Diplomatic Mission Overseas

Members of the National Assembly (NA) yesterday passed a newly drafted law to better facilitate Laos’ diplomatic mission in foreign countries and to protect the interests of the nation and Lao expats overseas.
Date: 11 December 2018; Type: Legal News; Source: Vientiane Times

NA members ask Court, Prosecutor to strive harder for Justice

Members of the National Assembly (NA) have called for the People’s Supreme Prosecutor and People’s Supreme Court to work harder to ensure full justice in society.
Date: 08 December 2018; Type: Industry Updates; Source: Vientiane Times

NA approves Government reshuffle

The National Assembly (NA) yesterday approved a reshuffle and appointments in public security, national defence and the banking sectors following the proposals of Prime Minister Thongloun Sisoulith.
Date: 05 December 2018; Type: Legal News; Source: Vientiane Times

Laos Government to pay Compensation to Families displaced by Railway

VIENTIANE, Nov 26 (Vientiane Times/ANN) - Arbitration solution committees in Vientiane and the provinces together with the project developer have agreed on settlements with local people and 94 per cent of the land required for the railway has now been acquired, Prime Minister Thongloun Sisoulith told the National Assembly last Monday.
Date: 26 November 2018; Type: Legal News; Source: Vientiane Times

Online System Boosts Road Tax Revenue

The revenue earned from taxes has increased massively since the government introduced an online payment system. Last year, the government collected just over 10 billion kip in road tax but in the first nine months of this year it has already amassed 58.4 billion kip thanks to the introduction of an electronic payment system.
Date: 20 November 2018; Type: Industry Updates; Source: Vientiane Times

NA Session opens Debate on Development Challenges, Progress

The National Assembly (NA) yesterday kicked off its 6th ordinary session by highlighting the progress made and the challenges facing Laos at the half-way point in the 8th five-year socio-economic development plan (2016-2020).
Date: 20 November 2018; Type: Industry Updates; Source: Vientiane Times

Parliament to debate Economic Plan Next Week

The National Assembly will kick off its sixth ordinary session next Tuesday to review the implementation of the 2018 socio-economic development plan and budget plan.
Date: 14 November 2018; Type: Legal News; Source: Vientiane Times

Laos, Turkey further Relations, strengthen Cooperation

Laos and Turkey have furthered enhancement of diplomatic relations and cooperation with the East European country officially opening an embassy in the Asean member country on Wednesday.
Date: 08 November 2018; Type: Industry Updates; Source: Vientiane Times

Government gears up for Reorganization of State Departments

Central and local state departments are preparing to streamline the organisation of their various divisions, following a government order.
Date: 26 October 2018; Type: Industry Updates; Source: Vientiane Times

New Law requires Displaced Villagers to be compensated within Two Years

President Bounnhang Vorachit recently promulgated a new law requiring developers to compensate people displaced by a project within 24 months or two years after a compensation plan is approved.
Date: 25 October 2018; Type: Legal News; Source: Vientiane Times

Taxes, Fees temporarily cut in Governments Flood Recovery Plan

The government has agreed to cut various taxes and fees in flood-stricken areas in order to promote greater production during the coming dry-season to compensate damage by this year’s devastating floods.
Date: 19 September 2018; Type: Legal News; Source: Vientiane Times

Commerce Ministry postpones New Business Registration System

The Ministry of Industry and Commerce has postponed the implementation of a new business registration system which Prime Minister Thongloun Sisoulith had requested in February.
Date: 05 September 2018; Type: Industry Updates; Source: Vientiane Times

Law Enforcement remains weak: Deputy Minister

Laos has enacted over 100 laws since national liberation in 1975, but law enforcement remains weak, a senior official has admitted.
Date: 15 August 2018; Type: Industry Updates; Source: Vientiane Times

Government approves Compensation Policy for Dam Burst Victims

People affected by widespread flooding in Sanamxay district, Attapeu province, look set to receive full compensation as the government has determined that the flood was not a natural disaster.
Date: 01 August 2018; Type: Legal News; Source: Vientiane Times

Government discusses Lao Red Cross Law Contents

Government officials met in the capital yesterday to learn about the Law on Lao Red Cross with the aim to give participants more understanding about the regulation.
Date: 24 July 2018; Type: Legal News; Source: Vientiane Times

NA debate Amendment to Law on Social Security

Amendment of the Law on Social Security has resulted in numerous changes to the policy which the government hopes will strengthen development of the nation’s social security system.
Date: 27 June 2018; Type: Legal News; Source: Vientiane Times

SME Promotion Policy Improvements win Cabinet Support

The government cabinet has announced improved policies to enable Small and Medium Enterprises (SMEs) to access more finance to grow their businesses and boost production.
Date: 27 June 2018; Type: Legal News; Source: Vientiane Times

Growth Drivers, Opportunities see Cabinet Order Action

The nation's government cabinet has ordered ministries and sectors to take immediate action to efficiently implement measures it presented to the National Assembly (NA) earlier this month in order to stimulate the economy.
Date: 26 June 2018; Type: Industry Updates; Source: Vientiane Times

Laos, Vietnam vow to cement ties

Vice President Phankham Viphavanh and his visiting Vietnamese counterpart Dang Thi Ngoc Thinh yesterday agreed to work together to deepen the friendly relations, special solidarity and comprehensive cooperation between the two neighbours.
Date: 19 June 2018; Type: Industry Updates; Source: Vientiane Times

INDUSTRY UPDATES

House Panel to probe 'Budget Anomalies' in January

MANILA, Dec 13 (PNA) - The House of Representatives rules committee will start its investigation on the alleged “budget anomalies and questionable allocations” by the Department of Budget and Management (DBM) on January 3, Majority Leader Rolando Andaya Jr. announced on Thursday.

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ASEAN launches Safe Migration Campaign

Jakarta, Dec 12 (ANTARA News) - The Association of Southeast Asian Nations (ASEAN) has launched a safe migration campaign to increase public awareness of the advantages of employing migrant workers.

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INDUSTRY UPDATES

Nation celebrates Universal Declaration of Human Rights

Government agencies and diplomatic and international organisation representatives gathered in Vientiane to mark the 70th anniversary of the Universal Declaration of Human Rights and its lasting impact, which was supported by the United Nations, European Union and Australia.

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INDUSTRY UPDATES

SC welcomes Malaysia's Improved Ranking in Corporate Governance

KUALA LUMPUR, Dec 13 (Bernama) - The Securities Commission Malaysia (SC) is encouraged by the recognition of Malaysia's initiatives to improve corporate governance, which was a result of the collective effort by various stakeholders.

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INDUSTRY UPDATES

MyCC to identify Anti-Competitive Elements in Eggs Market

KUALA LUMPUR, Dec 13 (Bernama) - The Malaysia Competition Commission (MyCC) is working closely with the Ministry of Domestic Trade and Consumer Affairs (MDTCA) to identify any anti-competitive elements that may occur in the domestic market for chicken eggs.

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MITI, MIDA, Intel hold IoT Forum to review Progress

KUALA LUMPUR, Dec 12 (Bernama) - The Ministry of International Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA) and Intel Malaysia conducted the Internet of Things (IoT) Malaysia Forum 2018 yesterday to review IoT’s progress since its introduction five years ago.

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Unions request Government to set Workers’ Minimum Wage

Unions have asked the government to set the minimum wage for the construction and service sectors and to solve the five other major problems facing them, a statement released on International Human Rights Day on Monday said.

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Dewan Rakyat adjourns, Reform Agenda implemented - Speaker

KUALA LUMPUR, Dec 11 (Bernama) - The reform agenda of the Parliament was implemented at the second meeting of the first term of the 14th Parliament which came to a close today after sitting for 30 days since Oct 15.

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Court proposes Mediation in Theresa Kok's Suit against Jamal

KUALA LUMPUR, Dec 11 (Bernama) - The High Court today proposed that Primary Industries Minister Teresa Kok who filed a libel suit against Datuk Seri Jamal Md Yunos over alleged misuse of Yayasan Warisan Anak Selangor (Yawas) funds, resolve the case via mediation.

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Vietnam, Laos boost Judicial Cooperation

Hanoi, Dec 10 (VNA) - Vietnamese Minister of Justice Le Thanh Long and his Lao counterpart Xaysi Santivong agreed to work closely together to launch a bilateral cooperation programme for 2019, during their talks in Hanoi on December 10.

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Nation marks Constitution Day

BANGKOK, 10th December 2018 (NNT) - Today marks National Constitution Day, observing the importance of the administrative document and celebrating its 20 incarnations throughout the democratic history of Thailand.

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Court has Final Say on Trillanes' Travel Abroad: DOJ

MANILA, Dec 10 (PNA) - Justice Secretary Menardo Guevarra on Monday said the Bureau of Immigration (BI) will not prevent Senator Antonio Trillanes IV from traveling abroad if no travel ban is handed down by the courts against him.

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Government concerned about Readiness of SMEs to adopt Industry 4.0

KUALA LUMPUR, Dec 10 (Bernama) - The Government is concerned about the readiness of local industries, particularly Small and Medium Enterprises (SMEs), to adopt Industry 4.0.

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Memorandum of Understanding between Bank Negara Malaysia and Dubai Financial Services Authority

On 28 November 2018, Bank Negara Malaysia (BNM) and Dubai Financial Services Authority (DFSA) had signed a Memorandum of Understanding (MoU) on supervisory cooperation for effective supervision of banking and insurance/ takaful/ reinsurance institutions operating in both countries.

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INDUSTRY UPDATES

DFA holds first ever Gender and Development Assembly

MAKATI, Dec 6- As part of the Department of Foreign Affairs’ (DFA) programs to continually mainstreaming gender and development (GAD) policies in its programs and activities, it hosted the agency’s first ever Gender and Development (GAD) Assembly at the Makati Diamond Residences on 06 to 08 November 2018.

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INDUSTRY UPDATES

Vietnam, Cambodia PMs attend Business Forum

Vietnam and Cambodia could make their two-way trade value at US$7-8 billion by 2020 as they have established sound cooperation across sectors and their governments have regularly taken measures to remove difficulties for businesses, Prime Minister Nguyen Xuan Phuc said.

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INDUSTRY UPDATES

Cambodia, Laos set to boost Bilateral Trade

Cambodia and Laos have pledged to boost trade and investment across their border, while trade volume between the two countries last year was just over $27 million, according to the Cambodian Ministry of Commerce.

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INDUSTRY UPDATES

Revenue Department says it does not collect Higher Tax from Online Merchants

BANGKOK, Dec 8 (NNT) - The Revenue Department has insisted that the Revenue Code Amendment Act draft is not intended to make online merchants pay more tax but to analyze the behavior of taxpayers.

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