Government
National government
Agriculture firms receive Gov’t funds
State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment. MPI has finalised a draft decree on policies encouraging enterprises to invest in agriculture and rural areas to submit to the ...
NLA proposes VAT hike to 8 per cent
The National Legislative Assembly has agreed that the value-added tax should be increased from 7 per cent to 8 per cent. However, the final decision on the tax hike will be made by the Cabinet after the NLA submits its proposal for approval. The proposed VAT ...
One more year may be needed to complete civil code
One more year may be needed for the further development of Laos’ civil code while the drafting sub-committee must make a concerted effort to reach their target. National Assembly President Ms Pany Yathotou on May 16 summarised the Assembly’s debate on the draft of the civil ...
Cambodia’s ‘fragile’ decade: Kingdom ranked poorly in stability index
With the ruling party ominously invoking the possibility of war as elections draw near, a new index suggests the Kingdom is indeed at risk of instability – not thanks to outside challenges to the CPP, but to the government’s own opacity and lack of accountability. ...
Parliament to prioritise pending legislations
The fifth parliamentary session will resume on May 18 and the process of approving bills will be emphasised. Pyithu Hluttaw Bill Committee chair U Tun Tun Hein said that these are bills which have yet to be finished. “So we will prioritise them as soon ...
NA supports enactment of law on international treaties
National Assembly members have supported the enactment of the Law on Treaties and International Agreements, which would be a reference for future internal and external cooperation. The Ministry of Foreign Affairs introduced the newly drafted law for consideration by the National Assembly, with the law tabled ...
PM calls for more openness in corruption cases
Prime Minister Thongloun Sisoulith has asked that every prosecuted case related to corruption be revealed to the public in hopes that misconduct by government officials is halted. Mr Thongloun gave the advice on Thursday when addressing National Assembly members at the Assembly’s ongoing third ordinary ...
Lao food prices higher than neighbours
The prices of food staples in Laos are still around 10-20 percent higher compared to neighbouring countries especially Thailand and Vietnam, the National Assembly was informed. The price of Grade A pork in Laos is 35,000 kip a kg, in Thailand 30,000 kip and 27,720 kip ...
Laos registers trade surplus in first quarter
Laos has registered a US$95 million trade surplus in the first quarter of 2017 following an historic trade surplus over the 2015-2016 fiscal year, the government told the National Assembly this week. Officially-recorded export over 2017’s first three months was valued at US$1,212 million, while ...
Education Ministry confident about new enrollment measures
While Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung is concerned about the surplus of bachelor’s degree graduates, Minister of Education and Training Phung Xuan Nha is confident about the ministry’s efficiency of measures to streamline student enrollment. Dung, answering inquiries from National ...
