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Despite the new year being a traditionally quiet time, AustCham has continued to be busy. We have had a number of meetings with some of our new members, and learned more about their operations and how AustCham can support them. Recently AustCham was also honoured to be invited to the LNCCI Lao Business Leaders Award, where AustCham was recognised for its’ continued contribution to the Lao business environment.
This month has also been a period of planning, as we get ready for the year ahead. This year will see the return of the AustCham Charity Golf Day, with all proceeds going to Vientiane Rescue. We will continue to organise Sundowners for every month, with some of our newer members expressing interest in hosting these events. There will also be Breakfast Briefings, economic outlooks, and other business focussed events. Of course, we will also host the AustCham Ball, the highlight of Vientiane’s social calendar, later this year. We are planning our schedule of trainings for both online and offline courses, so if there is a specific area of training that you are interested in, please let us know. Please keep an eye out for more details to be released closer to the dates.
However not this month has also been tinged with sadness. The sudden passing of Jo Lidbetter was extremely heart-breaking and we join the Lao and expat community in mourning her passing. Amongst her many contributions to Laos, Jo was also an incredible trainer for AustCham. She will be sorely missed by her students and our team. |
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| AUSTCHAM MEMBERS RECOGNISED AS LAO BUSINESS LEADERS |
| Congratulation to the AustCham sponsors and members who received the Lao Business Leader Award 2022 from Lao National Chamber of Commerce and Industry (LNCCI). Lao National Chamber of Commerce and Industry (LNCCI) presented the Business Leader Awards to Lao Brewery Co., IndusTek, Lane Xang Minerals Limited, Phu Bia Mining, Houng Ah Loun Logisitics Sole Co. Ltd, Burapha Agro-Forestry, ANZ (australia and New Zealand Banking Group Limited, Lao Branch) at the Lao PDR at the Business Leader Awards 2022 Ceremony, which was held at the National Convention Centre in Vientiane Capital on 24th January 2022. |
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| Past Mate to Mate Interview |
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| Mate to Mate in Lao language. We are talking with Khamsing Davong at Whessoe Lao Sole Co., Ltd. We will hear from him about what strategies Whessoe Lao is putting in place for 'Employee engagement and their CSR activities’. |
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| Mate to Mate in Lao language. We are talking with Vilayvong, Sonethavy, HR Manager at Lao Tobacco Limited. We will hear from him about what strategies Lao Tobacco is putting in place for 'Employee engagement’. |
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| Customer Appreciation Day On the Friday night of December 16, 2022, Jaguar Land Rover Laos held a party to thank our customers for the end of the year 2022 and welcome the new year 2023.
At the event, there was a memorable presentation of various events organized by Jaguar Land Rover Laos in 2022. There was also an introduction of the new Jaguar F-PACE Plug-In Hybrid, which is a combination of fuel and electricity. It is a great thing when our customers enjoy experiencing the Jaguar F-PACE Plug-in Hybrid and has a good impression of our Jaguar.
Besides that, we also have an activity for the customer who joined in this event with a lucky draw to win branded goods from Jaguar & Land Rover as well as enjoying the Christmas dance performance. The event was a great success, with everyone talking and building friendships with each other, making the atmosphere in this event full of laughter and smiles of happiness. |
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| 𝗚𝗶𝘃𝗲 𝘆𝗼𝘂𝗿 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗲𝘃𝗲𝗿𝘆 𝗰𝗵𝗮𝗻𝗰𝗲 𝘁𝗼 𝘀𝘂𝗰𝗰𝗲𝗲𝗱 |
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BFL is pleased to invite SMEs owner to join our #BFLKaona training session III on the topic of "Build your financial management & business plan", aiming to provide MSMEs owners in Laos with an in-depth understanding and analysis of their own business financial situation, which can be helpful to adapt their business strategy and prepare them for access to financial solutions.
Event details: Date: 26th – 27th January 2023 Time: 8.30 - 17.00 Venue: BFL Headquarter - 6th floor (Hatsady Village, Chanthabouly District, Vientiane Capital) Fees: 300,000 LAK / Person / 2 Days *The training will be conducted in Lao
What are the topics to be discussed? Topic 1: Business Plan (management plan; business environment; operation plan; Swot analysis) Topic 2: Financial Planning (financial planning & SMEs; cash balance & assets; investment needs & financing plan; cash flow forecast & forecasted financial performance and calculating cash flow)
Interested participants? Please register by clicking the link below:
For more information, please contact BFL team at 021 285 444 or contact@bfl.la |
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| Toyota Laos Co. Ltd., sponsors Vientiane International Marathon (VIM) |
| Toyota Laos Co. Ltd., was the sponsor of Vientiane International Marathon (VIM) 2022 which took place once again on 25 December 2022. The VIM routes took the participants through the most iconic streets of Vientiane Capital city center.
The Vientiane International Marathon race had distances of 42KM, 21KM, 10KM and 5KM, to cater for all abilities. The full marathon starts at 3:30 AM (with later start times for other distances) and concludes at 10:30 AM, at the Pha That Luang Grounds.
Prior to this event Toyota Laos had also sponsor previous run series such as: 5.5 Relay Run, Run for Children, Luang Prabang Half Marathon, and the last run series of 2022, Vientiane International Marathon that aims to promote a heathy lifestyle which incorporates regular exercise, to develop stronger community spirit, and to promote a greener environment which match up to Toyota Laos slogan “Quality for Life” we promote a good quality for Lao people’s life. |
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| SME Promotion – 20% discount of the first premium |
| Happy New Year Promotion! Customers who buy SME insurance get 20% discount of the first year premium. Start from 1st to 31th January 2023.
SME insurance is a product that covers and responds to the needs of businesses such as the office, guest house, hotel, clinic, gym, salon, barber, bakery, café, various department stores and more. What are the dangers that SME insurance covers? We help protect your business from the following: 1. Fire 2. Lightning 3. Explosion 4. Water Damage 5. Aircraft or Vehicles 6. Breakage of Glass 7. Electrical damage 8. Earthquake 9. Burglary 10. Windstorm 11. Public Liability 12. Business Interruption (Maximum 30 Days )
*Terms and Conditions apply. For more information, please call 1677 You’re not just another customer. We’re not just another insurer |
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| Phongsavanh Insurance (APA)'s CSR Activity – VTE Rescue |
| We are delighted to extend and renew our commitment to Vientiane Rescue (1623) for a second year we are providing free vehicle insurance and most importantly free personal accident insurance for the truly dedicated and committed volunteers of over 700 people nationwide. This service saves lives, it’s a one of a kind, it’s a unique organization and is deeply respected for the work that it does across Laos and further afield. It’s a pleasure to build and deliver this insurance package for Vientiane Rescue (1623). |
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| Job Opportunity with Phongsavanh Insurance (APA). |
| Due to the continued growth of Phongsavanh Insurance (APA), they’re looking for passionate and energetic people to join the team to help shape the future of Phongsavanh Insurance (APA) in the following position:
1.Personal Assistant to CEO 2.Corporate Sales Staff Work Place: Champasak province (Pakse District)
If you're interested, please send your CV to career@apa.com.la Closing date for applications: 31st January 2023. |
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| Lakxay Ceremony – Lucky draw Sponsorship |
| On the occasion of the official grand opening ceremony of of Luckxay Hospital (a partner hospital in our network), Phongsavanh Insurance (APA) has provided fee reductions worth more than LAK 10,000,000 and has a maximum coverage more than LAK 220,000,000 to support the lucky draw activity during the event. |
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| It includes all the latest ASEAN legal and tax developments, publications, and newly released articles. Read all the latest insights from across Southeast Asia by click 'Read more' |
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| Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile economic conditions, any new adverse development—such as higher-than-expected inflation, abrupt rises in interest rates to contain it, a resurgence of the COVID-19 pandemic, or escalating geopolitical tensions—could push the global economy into recession. This would mark the first time in more than 80 years that two global recessions have occurred within the same decade. The global economy is projected to grow by 1.7% in 2023 and 2.7% in 2024. The sharp downturn in growth is expected to be widespread, with forecasts in 2023 revised down for 95% of advanced economies and nearly 70% of emerging market and developing economies. |
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In order to promote environmentally friendly behaviors, it is fundamental not only to consider and modify already existing infrastructure and facilities, or rethink physical prompts and cues in the environment, but also contemplate and target the cognitive traits inherent to any human being.
Sustainable behaviors such as recycling, reusing, and composting are driven by different motivations and beliefs. In the past few decades, scholars have also devoted significant attention to identify and describe major socio-psychological and situational determinants of sustainable behaviors, such as age, gender, cultural background, attitudes, knowledge, motivation, social influence and others. In this report, the authors provide a description of how behavioral science was used to generate insights on factors that influence open burning in the population of Lao People’s Democratic Republic (PDR).
This report will walk the reader through the different phases of the behavioral method applied to open burning in Lao PDR. In the definition phase the behavior is outlined, and the social, psychological, and contextual factors that influence it are studied. In the second phase, an intervention based on the hypotheses is designed. Finally, the intervention is implemented and evaluated in order to adapt the solutions to the current reality of the population. |
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