A White Paper on Agroforestry has been formally handed over to H.E. Thongphath VONGMANY, Deputy Minister, Ministry of Agriculture and Forestry, this morning. The meeting, attended by two of ECCIL EuroCham Board members and our Executive Director, aimed at discussing Business opportunities for commercial plantations in Lao PDR. The Deputy Minister shared that the strategy [...]
According to Global Economic Prospects released by World Bank, the global economy is expected to expand by 4% in 2021, if the COVID19 vaccine becomes widely available and if policy makers can implement reforms that attract investment. Although global economic output is recovering from the collapse caused by COVID-19, it will remain below pre-pandemic trends [...]
According to a report from the Lao Statistics Bureau, the CPI stood at 114.22 points in November, resulting in an inflation rate of 2.84 percent year-on-year, down from the 3.63 percent recorded in October. The changes in the CPI occurred as a result of the weakening value of the kip against the Thai baht and […]
Lao government is now actively working to improve the business environment and facilitate trade as part of its policy to improve the ease of doing business, making Laos more convenient by streamlining procedures, reducing time and costs, increasing transparency and effectiveness of the process to issue business licenses by relevant authorities, in order to attract […]
Before COVID-19, tourism has contributed significantly to the Lao economy both in terms of income generation and employment. As part of UN Lao PDR Socio-Economic Response Framework to COVID-19 published in June 2020, A Consultation Workshop on Lao PDR Tourism Recovery Roadmap for 2021 – 2025 was chaired by Ministry of Information, Culture and Tourism [...]
Executive Director of ECCIL EuroCham Laos participated in a 2-session EBOWWN (European Business Organisation WorldWide Network) virtual global meeting, attended by EBOs in more than 30 Countries all over the Globe, being an opportunity not only to discuss the Strategy 2030 of the network but also to exchange with the different Directorate-General from the European [...]
Lao SMEs will be able to sell their goods and products to customers in Laos and overseas after an upgrade of the national e-commerce operator website, www.Plaosme.com, initiated by Department of Import and Export of the Ministry of Commerce and Industry and LNCCI. The improved website provides useful information about online trading for businesses in [...]
Our Silver sponsor, UniqTek, generously supported the latest Chamber's Networking reception, gathering both members and actors of the Agriculture sector. UniqTek team proudly showcase their survey equipment, mostly composed by drones, that allow them to supply and work on big projects, such as agriculture, hydropower and mining plants. Mr. Chandavong Southitham, Managing Director of UniqTek, delivered [...]
The Lao Trade Portal revealed a record US$729 million in imports and exports in October this year, with the value of exports put at US$347 million and the value of import calculated at US$382 million. It also stated that the trade deficit was US$34 million. Copper ore, bananas, wood pulp and paper scraps, frames and [...]
The 8th ASEAN-EU Business Council was successfully, organised on 19th of November 2020. Founded in 2011 in Indonesia and has since developed to an established meeting point in ASEAN, attended by over 250 people both virtually and physically this year. The Summit brought together business leaders from Europe and Southeast Asia with policy and decision [...]
