Laos Tender and Business News

An Aging Asia Creates Challenges for Its Leadership

For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.

Sustainable Human Development Requires Far More Inclusion

Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.

NEC to Train Six ASEAN Nations On Cyber-Security

The Japan International Cooperation Agency (JICA) has contracted with NEC Corporation to provide cyber-attack defense tools and training to six members of the Southeast Asian Nations (ASEAN) group.

Applications Open to Join Vietnam's MIST Tourism Business Accelerators

Vietnam's Mekong Tourism Coordinating Office and the Mekong Business Initiative just announced a way to make it easier for innovative tourism businesses to gret established in Cambodia, Laos, Myanmar and Vietnam. It will all happen via their jointly-launched Mekong Innovative Startup Tourism (MIST) Initiative and the launch of two new startup accelerators.

Regional Comprehensive Economic Partnership Is Yet Another Bad Trade Deal

The Trans-Pacific Partnership Agreement (TTP) may for all practical purposes be dead, but the new Regional Comprehensive Economic Partnership (RCEP) agreement being negotiated this week could reinstate one of the worst parts of the TPP. RCEP would grant corporations the exclusive right to bypass domestic legal systems and sue governments at international tribunals whenever they feel government regulation can limit their profits.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

Digital Finance Firm Group Lease PSL Plans Major Expansion in Indonesia

Thailand-based Group Lease PCL, a SET-listed digital finance firm, just received its official license to operate in Indonesia. With that done, it is embarking on a new, major expansion in Indonesia which is expected to support substantial growth both in terms of revenue and net profits over the next five years.

Texas Chicken is Coming to Laos

American-style fried chicken continues to be a hot commodity in Asia. The latest proof of that is Atlanta-based Church's Chicken, via its international partner Express Food Group (part of the RMA Group), expanding in the region by bringing its 'Texas Chicken' fast food brand to Laos.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

Update On The Sale Process For The Savan Vegas Hotel & Entertainment Complex

San Marco Capital Partners (SMC), the exclusive sales agent working on behalf of the Government of the Lao People's Democratic Republic, just announced the conclusion of the qualification process for investors interested in participating in the competitive sale process to purchase and operate the Savan Vegas Hotel and Entertainment Complex.

Pollinators Vital To Our Food Supply Under Threat

A growing number of pollinator species worldwide are being driven toward extinction by diverse pressures, many of them human-made, threatening millions of livelihoods and hundreds of billions of dollars worth of food supplies, according to the first global assessment of pollinators.

Four ASEAN Nations Seal TPP Deal Economist Says Poses "Great Risks"

For four countries of the Association of Southeast Asian Nations (ASEAN), formal membership in the Trans-Pacific Partnership (TPP) has become a reality. Singapore, Malaysia, Vietnam and Brunei signed the TPP documents in Auckland on February 4. Notably, China, Russia, Taiwan, the Philippines, Thailand, Laos, Indonesia, Cambodia, Bangladesh, India and Colombia have not yet agreed to the terms.

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