Laos News
The poor economic outlook has cut local purchasing power substantially, forcing building material retailers to keep prices unchanged in order to retain customers, says Nattaya Tangmitrphracha, vice-chairman of Ubonwatsadu Co. Ubonwatsadu, which operates the DoHome shops, said the property sector had felt the pinch of the gloomy outlook as most homeowners had delayed plans to […]
Continue Reading
Thai department store chain Robinson says it will open outlets in planned special economic zones to encourage cross-border trading. The Central Retail Corporation subsidiary says it will open a new Lifestyle Centre at Mae Sot in the Tak province, on the border with Myanmar. It follows a similar store which opened in Mukdahan, on the […]
Continue Reading
By 2020, 95 per cent of households in Laos will have access to electricity, according to Khammany Inthirath, the Minister of Energy and Mines, Lao News Agency reported. Mr Khammany said currently around 89 percent of households across the country have had access to electricity. The government considers supplying electricity and fuel as a priority […]
Continue Reading
CapitaLand Limited’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has made its first foray into the popular tourist destinations of Pattaya in Thailand and Cebu in the Philippines by securing five new contracts to manage 875 apartment units. With 14 management contracts signed in Southeast Asia this year, Ascott has added over […]
Continue Reading
VIENTIANE, 15 October 2015: Laos’ Department of Civil Aviation and Japan’s contractor Hazama Ando Corporation signed an agreement to expand Vientiane’s Wattay International Airport earlier this week. Vientiane Times reported the Vientiane International Airport Terminal Expansion Project involves expansion of the international passenger terminal building and construction of a new domestic terminal building. Other features include […]
Continue Reading
International Chapter, Thailand Continuing Professional Development (CPD) Event Introduction to the FIDIC Form of Contract [one_fifth]Date :[/one_fifth][one_half_last]Tuesday 27th October 2015[/one_half_last] [one_fifth]Time : [/one_fifth][one_half_last] 6.30pm – 8.30 pm. [Registration starts at 6.00 pm.][/one_half_last] [one_fifth]Venue :[/one_fifth][one_half_last]Sheraton Grande Sukhumvit Hotel 250 Sukhumvit Road, Bangkok (Asoke BTS / Sukhumvit MRT)[/one_half_last] [one_fifth]Fee :[/one_fifth][one_half_last]THB 500 per person for AIQS members, THB 650 for non-members THB […]
Continue ReadingA scene from the construction site./Vientiane Times After beginning in 2012, the construction of the US$3.5 billion Xayaboury dam is now about 50 per cent complete, according to a report by Vientiane Times. When it becomes operational in 2019, about 95 percent of the 1,285-megawatt electricity produced will be sold to Thailand. The project’s shareholders […]
Continue Reading
Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong (R) shake hands with Somsavat Lengsavad, Lao Deputy Prime Minister in charge of economic affairs, in Phnom Penh on Tuesday. Xinhua/Sovannara Lao Deputy Prime Minister Somsavat Lengsavad agreed yesterday to take a closer look at the potential impact of the contentious Don Sahong Dam project just […]
Continue Reading
Laos will need to build four new international airports as the existing four at Wattay, Luang Prabang, Savan and Pakse will be unable to accommodate growing air transport in the coming decades, a minister told the Cabinet. Minister of Public Works and Transport Dr Bounchanh Sinthavong told the recent meeting between the government cabinet, Vientiane […]
Continue Reading
Laos hopes a railway between Vietnam and Thailand and another connecting Thailand and China will help drive socio-economic development in the impoverished country. Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked […]
Continue Reading