The agriculture minister reiterated a call for eligible farmers and agricultural players to apply for subsidised electricity from state-run utility Electricite du Cambodge (EdC) to reduce costs associated with the accepted operations.
A newly discovered underground gold mine that has just begun operations will significantly bolster mineral production by Lane Xang Minerals Ltd (LXML) and bring socio-economic benefits to Laos.
The Lao government has formed a committee to overhaul the operations of Electricite du Laos (EdL) as part of its efforts to strengthen business operations across all state enterprises.
Two large Lao and Thai fuel operators, PTL Holding Co Ltd (PTLH) and PTT Oil and Retail Business Pcl (PTTOR), have signed a memorandum of understanding (MoU) on the joint development of and potential investment in a fuel tank farm and logistics operation at the Vientiane Logistics Park in the Lao capital.
Skyrocketing fuel prices and the continuing depreciation of the kip are ramping up pressure on Lao producers due to soaring production costs, according to a recently unveiled study.
The Lao government has pledged to secure more investment from China in the agriculture and forestry sector, using the potential offered by the Laos-China Railway to boost exports.