Thursday, 22 March 2018
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Industry Updates - Laos

Punishment of Errant Judges critical, People’s Council hears

Judges who lack diligence in enforcing justice fairly or have been found to have issued verdicts without due reference to the facts of the case or notions of equality under the law must be punished accordingly, Vientiane People’s Council members have demanded.

18 Entertainment Venues to be moved further from University

As many as 18 entertainment venues will have to move from their location near the National University of Laos after they were deemed to be a distraction to students.

Laos, China Universities to cooperate for Education Development

The National University of Laos (NUoL) has signed an agreement with Kunming University of China for development of education and exchanges to upgrade the skills of lecturers and students.

Minimum Wage Hike in the Pipeline

A tripartite meeting held in Vientiane recently agreed to increase the minimum wage from the present 900,000 kip to 1.2 million kip a month, a senior official has confirmed.

Laos, China agree to deepen Ties, ink 17 Deals

President Bounnhang Vorachit and visiting Chinese President Xi Jinping have agreed to work together to take the comprehensive strategic cooperative partnership between Laos and China to a new level.

Laos protecting Benefits, Rights of Workers Overseas

Ministry of Labour and Social Welfare has been successful in protecting the benefits and rights of Lao workers employed abroad, especially in Thailand, according to a leading official.

Government will control spending to minimize Debt Tension

The government will control the spending ceiling and reduce the budget deficit next year to prevent Laos from being dragged into an economic crunch.

Laos, China extend Areas of Cooperation

The Lao and Chinese governments recently approved additional cooperation in the fields of environmental protection, meteorology and hydrology.

Inspection of 200 businesses underway to boost tax collection

Finance authorities have launched inspections into 200 major enterprises in an attempt to garner more taxes, the Deputy Minister of Finance has said.

ADB to support Inclusive, Sustainable Growth in Laos

The Asian Development Bank's (ADB) Board of Directors will deliver US$421 million in assistance through 2020 to Laos to support a new 4-year country partnership strategy.

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.

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.

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.

Central Bank rolls out Policy to boost Productivity

The Bank of the Lao PDR (BOL) is embarking on a policy of relaxation in a bid to ensure that more money is injected into the economy.

Asean plays Greater Role in Global Affairs

The celebration of 50 years of Asean demonstrates the continued relevance of Asean as an inter-governmental regional organisation whose centrality is recognised in the evolving regional architecture.

Government introduces Customs, Tax, Fee e-payments

The Lao government is upgrading payment methods for customs, tax, and other fees at the international customs checkpoint nationwide.

Laos to establish Administrative Courts

Laos is preparing to establish administrative courts to better address administrative disputes between executive agencies and the general public.

Government working to repay Debts owed to Companies

Government debt amounting to 400 billion kip owed to companies for carrying out State investment projects will be paid out within the second quarter of this year.

Laos, WB sign up to Green Growth Transition

Ministry of Finance and the World Bank yesterday signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth.

Laos, Myanmar discuss Capacity Building for Women

Laos and Myanmar exchanged their views on the promotion of women’s access to justice and shared their experiences on gender equality improvement in their respective countries yesterday in Vientiane.

Industry Updates

Safe Space for Kids who face Domestic Violence

The Ministry of Social and Family Development has set up a third child protection specialist centre called Safe Space to manage moderate risk cases.

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Laws failing to protect Public: Survey

A survey conducted by non-government group My Justice showed that the current laws and practices of Myanmar and legal organisations fail to fail to protect individuals’ rights and are more concerned with national stability and control.

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Lawyer claims Trial to Money Laundering involving More than RM9 Million

KUALA LUMPUR, March 21 (Bernama) - A lawyer who claimed trial to Criminal Breach of Trust (CBT) involving RM9 million in 2016, was charged in the Sessions Court here today with 90 counts of money laundering involving more than RM9 million, seven years ago.

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Video-recordings of Suspects' Statements to start in Phases

The interviews of those accused of specified rape offences will be the first to be introduced to the video-recording of statements from suspects.

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BNM to launch VBI Scorecard in October

KUALA LUMPUR, March 20 (Bernama) - Bank Negara Malaysia (BNM) is expected to launch the Value-Based Intermediation (VBI) scorecard in October this year, in conjunction with the Global Islamic Finance Forum.

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SC suspends Work in Courts Monday Afternoon due to Transport Strike

MANILA, Mar 19 (PNA) - The Supreme Court (SC) announced a suspension of work in all courts effective 2 p.m. Monday due to the nationwide transport strike staged by the Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON).

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MyIPO works with Education Ministry to ensure Intellectual Property Rights of Schools protected

TUARAN, March 18 (Bernama) - The Intellectual Property Corporation of Malaysia (MyIPO) is always working with the Education Ministry to ensure that the Intellectual Property (IP) rights of schools are protected.

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25 Lawsuits filed against Consumer Rights Violators

BANGKOK, Mar 17 (NNT) - The Consumer Protection Committee has decided to file lawsuits against service providers and real estate companies that are violating consumer rights.

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ASEAN-Australia Partnership mutually beneficial: President

Sydney, Mar 18 (ANTARA News) - President Joko Widodo (Jokowi) has said that the partnership between ASEAN and Australia, including in the trade field, is mutually beneficial.

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Bar Council urges Government to set up RCI on Wang Kelian

KUALA LUMPUR, Mar 17 (Bernama) - The Malaysian Bar Council today called on the government to set up a Royal Commission of Inquiry (RCI) to investigate the existence of human trafficking camps and graves in the hilly area of Wang Kelian in Perlis, three years ago.

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Thailand PM travels to Australia for ASEAN-Australia Summit

BANGKOK, Mar 16 (NNT) - Prime Minister Gen Prayut Chan-o-cha today traveled to Australia to attend the ASEAN-Australia Summit, promoting ties between the regional bloc and the Australian nation.

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Sabah Syariah Court Complex to be a State Landmark - CM

KOTA KINABALU, Mar 16 (Bernama) - The Sabah Syariah Court Complex once completed would be a state landmark, said Chief Minister Tan Sri Musa Aman.

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