covid-19 outbreak

December 21, 2020 News

Consultation Workshop on Lao PDR Tourism Recovery Roadmap for 2021 – 2025

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 [...]
October 21, 2020 News

Amendment to Employment Terms

DFDL, our member,  shared that the Ministry of Labor and Social Welfare (“MLSW”) issued Notification 1559/MLSW (“Notice”) on 1 June 2020, relating to applicable procedures to implement any changes to an employee’s conditions of employment. The Notice confirms that any changes to an employee’s remuneration package or leave entitlements, which by their nature constitute amendments [...]
October 15, 2020 News

EU-ASEAN Business Council’s Business Sentiment Survey Report

In July 2020, we requested you to share your outlook to the EU-ASEAN Business Sentiment Survey. The survey aims to serve as a barometer for European business outlook in Southeast Asia regarding key issues such as macro-economic conditions, the policy and regulatory environment, and the development of bilateral and multilateral free trade agreements in the [...]
August 26, 2020 News

ITC’s 15-point Action Plan: Supporting small businesses through the COVID-19 crisis and towards the future

The International Trade Centre has developed the 15 Point Action Plan for micro, small and medium-sized enterprises (MSMEs), business support organizations and governments. The plan supports internationally minded MSMEs through the crisis and allows them to be on the forefront of generating resilience, inclusiveness, sustainability and growth in the future. Business support organizations play the [...]
July 30, 2020 Lao PDR, Lao PDR Economy, News

AMRO’s Annual Consultation Report for Lao PDR

We are sharing the latest Annual Consultation report for Lao PDR, published on 29th of July by AMRO (ASEAN+ Macroeconomic Research Office). "Lao PDR’s GDP growth is expected to slow sharply this year due to the economic fallout from the COVID-19 pandemic, calling for strong government action to safeguard public health and to support the [...]
May 29, 2020 News

World Bank supports govt to mitigate impacts of COVID 19

The Ministry of Planning and Investment and the World Bank have agreed to work together to mitigate the economic impact of the Covid-19 crisis and to discuss a policy framework for the recovery of the economy, strengthen macroeconomic stability and promote sustainable growth, especially during the implementation of the 9th National Socio- Economic Development Plan […]

May 12, 2020 News

COVID-19, Contracts, and Force Majeure

The COVID-19 pandemic continues to cause disruptions to various businesses in Laos : in this case, is the COVID-19 be considered as a Force Majeure event? Please download a paper conducted by ECCIL EuroCham Laos to answer this question Download
April 11, 2020 News

Measures from the Notification No.1027/MOF on Personal Income Tax exemptions

The Ministry of Finance issued the Notification No.1027, dated on 10 April 2020, further the Prime Minister’s Decision No.31, on measures to mitigate the impact of the COVID-19 outbreak. This Notification announces tax exemptions on personal income. Please find below the main points of the Notification, summarized by our member DFDL: Salaries of LAK 5 […]

April 8, 2020 News

Economic impact of the COVID-19 outbreak: Results of the survey

In March 2020, ECCIL EuroCham Laos conducted a survey to map out the expected economic impacts with European businesses active in Lao PDR. The purpose of the survey is to address concerns to the Government of Lao PDR and to seek ways in which the authority may provide support. This study surveyed 56 representatives of […]