Laos is seeking more effective ways to promote access to finances for businesses in the agricultural sector as the sector has been recognised as an important element in the country’s economic growth.
Revenue collection should improve this year since the government imposed a number of measures to boost national income, a senior financial official has confirmed.
The Thai baht has continued to appreciate against the Lao kip over the past few weeks, which could further drive up the price of products imported from the southern neighbour.
Prudential Life Assurance (Lao) Company Limited (Prudential Laos) recently launched a new sales unit branch at the ACLEDA Bank branch in Luang Prabang province, aiming to offer products that better suit customers' needs.
The Lao government is seeking to enhance the capacity of officials in charge of tax administration to ensure the stability and effectiveness of taxes and revenue collection.
Krungsri Vientiane Branch and the Banking Institute are co-hosting the Krungsri Financial Literacy �Simple to Learn' Equipping Youths with Financial Discipline and Money Management Skills.
ST-Muang Thai Insurance Co Ltd plans to become a leader in the life and non-life insurance industry and a regional company after setting up operations in Laos.
Enhancing financial transparency and crime prevention are top priorities for the government in cracking down on all forms of unlawful actions related to money laundering.