BCEL

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BANQUE POUR LE COMMERCE EXTERIEUR LAO PUBLIC

ISO 90012015

The most successful and provide the most comfortable services such as SWIFT code, VISA, Union pay, JCB, as well as internet and Mobile Banking.

For an opening the Bank account, it’s necessary to have a work permit and business visa included the passport. For some case some company can issue a contract of work and guaranty paper for a cosign in order to issue the bank account.

 

For facility, the clients can also download an application form though the link below:

http://www.bcel.com.la/bcel/form-download.html?Id=forms&page=1


SWIFT Code: COEBLALA

With BCEL Cards it provided automatically the Union Pay system instate of VISA card it need to provided separately.
With one single card we can withdraw money in 160 countries.

http://europe.chinadaily.com.cn/epaper/2016-12/16/content_27685672.htm

Vientiane, Laos and Tokyo, Japan, May 26, 2015 – (JCN Newswire) – Banque Pour Le Commerce Exterieur Lao Public (BCEL) and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., have announced to launch BCEL-JCB Credit Card in Lao People’s Democratic Republic (Laos).

https://www.acnnewswire.com/press-release/english/22604/banque-pour-le-commerce-exterieur-lao-public-to-launch-bcel-jcb-credit-card-in-laos

BCEL i-Bank is the Internet Banking Service to allow customers to access their bank accounts and manage their money online from different locations 24/7.

http://bcel.com.la/bcel/product-review.html?prd=e-banking&id=ibank&lang=en


With a new application provided though BCEL One the clients can pay directly from their mobile phone by login to BCEL One, then

  1. Select One Pay icon
  2. Scan the QR Code
  3. Put the amount of payment.

It work only with where showing One Pay card only.

http://www.bcel.com.la/bcel/slide-show.html?id=OnePay&lang=la


BCEL One is one of the most using application among BCEL clients as it’s made for facilitate the online payment, money transferring as well as balance check. The clients can easily download for both Android and iSO system, when having install and application to the mobile phone, it’s necessary to contact with the Bank Head office in order to have a connection to the bank account, username registration and passwords.

https://www.bcel.com.la:8083/reg.php?langid=0

http://www.bcel.com.la/bcel/product-review.html?prd=e-banking&id=bcel1&lang=en

 

 

For yearly road tax, BCEL is included the online payment system though BCEL One. When the payment has done it should be printed the mobile screen for showing to the police before getting an original paper at the head counter.

https://play.google.com/store/apps/details?id=com.bcel.bcelone

https://itunes.apple.com/us/app/bcel-one/id654946527?mt=8

 


BCEL HEAD OFFICE 01 Pangkham Street vientiane POBOX 2925 Tel:(856-21) 213200-1, 213203, 217899, 222495, 223190, 223243-4, Fax: (856-21) 218977, 223012, 214944 SWIFT CODE: COEBLALA, Reuters: BCEL , Website: http://www.bcel.com.la, Email: bcelhovt@bcel.com.la, bcelhqv@bcel.com.la

 

 

 

 

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Laos-China Hi-Speed Railway Construction Progresses 16%

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Laos-China Hi-Speed Railway Construction Progresses 16%

(KPL) Laos-China Railway Construction Project stretching from Bohan-Boten (Laos-China border) to Vientiane Capital has been actively implementing and had a satisfactory progress, which is 16.4 percent complete and expected to complete as scheduled by the end of 2021.

Over the past two years, sub-contractors completely drilled 53 channels passing through mountains, built 36 bridges with a total length of 54,000 metres, cleared land for building roads access to construction areas with a total length of 800 km, installed transmission line with over 400 km stretch and 233 transformers and built 93 km long of water supply.

China Railway No 2 Engineering Group Co., Ltd. a subcontractor in the sixth section of railway construction running 65.7 km from Phonhol district, Vientiane Province to Vientiane Capital which its framework consists of a 51-km infrastructure construction, construction of 17 bridges and four stations, has completed to install 130 poles and expected all poles to be installed by middle this year.

Laos-China railway with a total stretch of 417 km is a top-standard single track, which designed operating speed of 160 km per hour.

A combined investment of the railway is US$6 billion and the construction work kicked off December 2 2015, a part of celebration of 40th anniversary of National Day. This is the biggest investment project of China in Laos so far.

The project, under “one belt, one road initiative” will be a significant part of socio-economic development of Laos to be grown and moved upwards. 

Laos and China is a shared plight community that existed a mutual trust under Laos’s strategy to turn land-locked country into land-link.

KPL

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Laos, Japan forge new economic partnership

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Laos, Japan forge new economic partnership

(Vientiane Times) Laos and Japan are pushing towards greater economic development cooperation as the relationship between both governments reached a new height on Wednesday.

Japan currently ranks as the top donor for infrastructure and social development project in Laos. Last March, the government of Japan approved grant of US$32 million to Laos for development initiatives in electricity, health and transportation.

 

In Vientiane on Wednesday, a memorandum of understanding to build business and investment relationships was signed between the Acting Director of the investment Promotion Department of the Ministry of Planning and Investment (MPI), Mr Achong Laomao, and the Head of Asia and Oceania Unit of Mizuho Bank, Mr Hiroshi Suehiro. The signing ceremony was attended by the Minister of Planning and Investment Mr Somdy Douangdy, Japanese Ambassador to Laos, Mrs Junko Yokota, and senior officials from the two countries.

It marked the first MOU which the MPI has ever signed with foreign institution. It will be one of the most effective means to promote investment and develop trust between both parties in a project which will see Japanese investors expand their business interests to Laos.

Last December, an agreement was reached between Banque pour le Commerce Exterieur du Lao public and Mizuho Bank which enhances collaborations.

Mr Achong believes that Wednesday’s MOU agreement will facilitate Mizuho Bank in expanding is financial services into the greater Mekong sub-region. Turning the Bank’s investment direction towards this regions in line with Japanese foreign policy.

Prime Minister Shinzo Abe has outlined a firm policy which considers Asean as a significant target for socio-economic cooperation. Therefore, Laos has taken this opportunity to promote Japanese investment through various means. To attract more Japanese investment the future, the Lao government will continue to market the manufacturing, garment and textile, modern wood processing and service industries. Other areas earmarked to attract foreign direct investment are organic farming, transportation, education, and health.

At present, Laos has created 10 special economic zones with two more on the way in the near future. the country also has numerous specific economic regions as well.

He said he is confident that the MOU will open the door to more investment and convince high quality businesses from Japan about the sustainable economic development plans in Laos.

Mr Hiroshi said Mizuho’s primary target region Is Asia. “We have been making efforts to enhance our service in this area, especially within the Mekong sub-region,” he said.

“The memorandum we signed today aims to develop the MPIs and Mizuho’s ability, to provide information to Japanese corporations which are considering expanding their businesses or investment into Laos, and also to drive our support structure for market entry and investment procedures.”

Specific initiatives will include Mizuho and the MPI holding investment seminars and providing support to Mizuho’s customers though the MPI in relation to business expansion and investment in Laos.

Mizuho Bank is a one of the major component of Mizuho Financial Group. Mizuho Financial Group is one of the world’s largest full-service financial conglomerates with offices in over 30 countries and has over 56,000 staffs worldwide. It has served customers over 140 years and it has reliable credit ratings at A+ and A- given by S&P and Fitch, respectively.

 

Edited by: Mr. Phouvong Phaophongsavath, IPD’s officer, Email: ipd55892212@hotmail.com Tel/Fax: (+856) 21 219568

 

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Convalt Energy Studies into Solar Power Investment Opportunities in Laos

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Convalt Energy Studies into Solar Power Investment Opportunities in Laos

Create: 02/09/2017 15:35

At the signing ceremony in Vientiane on Aug 31, 2017

Manythone Keolangsy

(KPL) Convalt Energy LLC has spent over 3.3 trillion kip (US$400 million) to conduct a feasibility study into the possibility of developing a large scaled solar power project in Bolikhamxay and Attapue provinces.

A memorandum of understanding (MOU) was signed on Aug 31 in Vientiane Capital between Deputy Minister of Planning and Investment, Mr Khamlien Pholsena and Chairman and Chief Executive Officer of ACO Investment Group and Convalt Energy, Mr Hari Achuthan in the presence of representatives from the Ministry of Energy and Mines, an provincial planning and investment departments of Bolikhamxay and Attapue.

Convalt Energy, the first U.S. based company to conduct such a study in Lao PDR, founded as a Delaware LLC in 2011 is a portfolio company of ACO Investment Group.

The solar power development project will involve the construction of a solar power plant on 150 ha in Namdeua village, Pak Kading district, Bolikhamxay Province and another one on 464 ha in Attapue province. Both will have a combine generation capacity of 300 megawatts.

The project is expected to created jobs for hundreds of local people.

The solar power project comes under the Convalt Energy LLC’s construction plan on renewable energy and is in line with the Lao PDR government’s energy policy. The project construction is expected to last approximately two years.

“Convalt Energy primarily focuses on developing, operating and maintaining energy generation, transmission and distribution assets. Convalt is gearing to become a global Independent Power Producer in Solar, Onshore and Offshore Wind, Hydro, Waste to Energy and Energy Storage technologies,” said Mr Hari.

“The firm combines global vision with local insight, relying on a top-flight team of operational professionals to deliver superior service, maintenance and management.  In the short to mid-term, we are developing utility scale solar farms.  In the mid to long term, we expect in addition to developing generation assets to focus on transmission and distribution projects, while we operate and maintain our projects via long term maintenance contracts,” said Mr Hari.

Convalt is currently developing a large utility scale solar farm in South East Asia and in the Americas including Myanmar (300MW), Egypt (50MW of Solar Power and 50MW of Wind Power), India (2,000MW of Solar Power and 600MW of Wind Power).

Source: KPL 

 

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Nam Ngiep 1 Project Starts Impounding Water

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Nam Ngiep 1 Project Starts Impounding Water

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Japanese project furthers wood processing in Laos

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Japanese project furthers wood processing in Laos

VIENTIANE (Vientiane Times/ANN) – The project was funded by Okawa City in Japan through the Okawa Chamber of Commerce and Industry at a cost of $600,000.

A project for developing human resources in the wood processing industry has achieved success, helping to improve the quality of wood products and provide new marketing tools for Laos.

The Ministry of Industry and Commerce’s Industry and Handicrafts Department and the Okawa Chamber of Commerce and Industry yesterday organised a final workshop to summarise the project, which ran over a period of two years.

The cooperation project was funded by Okawa City in Japan through the Okawa Chamber of Commerce and Industry at a cost of US$600,000.

The project began in 2015 and will end next year, aiming to develop human resources in the wood processing industry.

Human resource development was important in all areas of work as it was key to development, and especially this project, officials noted, which was enabling the efficient use of raw materials and improved production standards. The government considers human resource development as an important issue especially in the wood processing industry and forest management.

It is in line with Prime Ministerial Order No. 15, which aims to ensure the effective management and use of timber through the processing and adding of value to products before their export.

The project has provided wood processing training on eight occasions and furniture processing training on seven occasions.

Those to undergo the training included Lao carpenters and teachers from different furniture manufacturers, sawmills and vocational schools, under the supervision of Japanese carpenters, according to the press release.

The project also held wood and furniture processing training in Japan, especially in Okawa City, and selected two carpenters to participate in the Asean labour contest in Malaysia.

The course helped improve participants’ skills and increased their labour knowledge in the wood and furniture processing industry to add more value to the projects produced.

Participants also increased their understanding about how to maintain and use wood machines, wood and furniture processing techniques, colour painting, transportation and exhibitions.

Despite the project period being short, it still helped develop Lao skills in the furniture and wood processing industry according to Industry and Handicrafts Department Director General, Mr Manohak Rasachack .

The workshop was co-chaired by the Director of the Okawa Chamber of Commerce and Industry, Mr Yuichiro Tsumura.

Source: Vientiane Times

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Tokyo to link aviation agreements with Cambodia, Laos

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anuary 4, 2015 7:00 am JST

Direct flights on the horizon

Tokyo to link aviation agreements with Cambodia, Laos

The Japanese government hopes the agreements will increase visitor traffic from the two countries as well as promote investment and trade.

TOKYO — The Japanese government is expected to execute bilateral civil air transportation agreements with Cambodia and Laos later this month. Tokyo hopes the agreements will increase visitor traffic from the two countries as well as promote investment and trade.

     The agreements will allow airline operators to set up direct flights between Japan and Laos and between Japan and Cambodia. Once the agreements are finalized, carriers in Japan will be able to operate direct flights to all 10 members of the Association of Southeast Asian Nations.

      Only around 4,000 tourists visit Japan annually from each of the two countries, but the numbers are increasing. Tokyo began issuing multiple-entry visas, good for a period of up to three years, to citizens of Cambodia and Laos last November, hoping to capitalize on the two nations’ growth potential, seen as the highest among ASEAN members.

     Cambodia and Laos have also been receiving global attention as potential alternative manufacturing bases in Asia should production activities in Thailand, one of biggest manufacturers in the region in the past few years, run into difficulty. The introduction of direct flights to the two countries is expected to further encourage Japanese businesses to set up operations there.

     Currently, roughly 170 Japanese companies have offices or bases in Cambodia, up from about 40 in 2009. Laos, meanwhile, is home to around 120 Japanese businesses, double the number from two years ago.

     The agreements need to be approved at a regular session of Japan’s Diet in January before taking effect. Kazuyuki Nakane, parliamentary vice-minister for foreign affairs, will visit the two countries and sign the agreement in mid-January.

Source: http://asia.nikkei.com/

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Whopping Tourism Consultancy

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Whopping Tourism Consultancy Sole Co., Ltd. 

With a fast movement of Social Economic in Lao PDR is significantly, the number of investors, tourists in increasing at the same time the service proving and man skill workers is still minimum.

Whooping is local firm consulting has design and setup professional sill development for those sectors in particularly aimed to ensure and provide skilled workers, and professional services in Tourism sectors especially for Japanese customers.  

Our services has dividing in to specific sectors as following:

  1. Human Resources Development Training Services 
    • Training Japanese Speaking Guide
    • Training Japanese Tourism Language
    • Training Hospitality (Japanese Style)
    • Training Waiter for Japanese Restaurant
    • Training for Hotel Receptionist (Japanese Speaking)
    • Training for Tour Operation, Japanese speaking and booking system
    • Training Japanese language for hair salon
    • Training Japanese Language for massage
  2. Advertisement and Setting up Local Hotel, Guesthouse, Restaurant to meet Japanese markets.
    • Design and development Brochure, Flayer, Cards.
    • Design Menu, Card in to Japanese version
    • Training bartender in Japanese style
    • Website development and provide the translation in Japanese to Language.
  3. Coordination, Tour Package design and services
    • Create a corporate contract with Hotel, Guesthouse, Restaurant to offer the best price to clients
    • Corporate with Bus, Wan, Taxi and SUV rental for a better services on time and safety.
    • Design tour package and service operation.
  4. Additional services

If any company, Hotel, Restaurant, or related to usage of Japanese language for workers such as working and learning Japanese at the sametime, we can also offer the services.

 

We try to provide always the best offer and significant during your trip in Laos.


For more information, please do not hesitate to contract

Japanese Speaker:

Mr. Nobu Ichihara
Tel: +856 20 28306390

Ms. Kumoko Goto
Tel: +856 20 56078007

Email: cubic.consultancy@icloud.com

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i Jobs

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iJobs…One-Stop Shop HR Solutions

iJobsCo. Ltd. or iJobs is a private enterprise with an aim of becoming a one-stop Human Resources Management and Development. iJobs work to develop and increase human resource capacity and employ-ability and, therefore, our products and services are specifically designed to assist employers in fulfilling their human resource needs while helping jobseekers to identify the right choice of careers.

Strategically,iJobs is the human resource “Bridge” that connects employers and jobseekers,for them to be able to reach for each other effortlessly.

iJobs understands that employers not only look for employees that can fulfill the positions in their organisations but also need qualified employees who can help the organizations reach the goals and achieve the visions qualitatively and quantitatively,technically and financially, and environmentally and socially.

iJobs is a domestic private enterprise that can help integrate international work ethics with local traditional cultures in Laos, and vice versa.


Our Services

  • Domestic Labor Supplies
  • Export Labor To Overseas
  • Recruitment Services
  • Outsourcing Labor Contractors & Payroll Management Services
  • Visa & Permits For Expatriates
  • Training And Human Resources Development

Contact:
Khamhouang Village, 

Xaythany District, Vientiane Capital,

Laos.
Tel:  (+856) 21-563091

030-200 2000

Email: Info@ijobs.la
Website: http://ijobs.la

https://www.facebook.com/iJobs.la/

 

 

 

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Laos OKs economic zone for smaller Japanese companies

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September 18, 2015 2:15 am JST
Cheap labor supply

Laos OKs economic zone for smaller Japanese companies

TAMAKI KYOZUKA, Nikkei staff writer

BANGKOK — The Laotian government has given the green light to a special economic zone in the southern city of Pakse, a 625-hectare site dedicated to small and midsize Japanese companies.

     Businesses operating there will have corporate taxes waived for 10 years starting in the first profitable year, among other benefits. Ando, a Kyoto-based maker of traditional Japanese goods, and five other companies qualify for the preferential tax treatment so far.

      Laos aims to take advantage of the trend of companies shifting some production out of Thailand, where labor costs are rising, to other locations.

     Nishimatsu Construction is expected to begin building an industrial park within the zone as early as next year after conducting a feasibility study. In April, Nishimatsu became the first Japanese general contractor to establish a Laotian unit.

     The first phase of construction will cover a 200-hectare area. Work will include securing a stable electricity supply and development of water reservoirs. The industrial park will likely host more than 100 companies. The Laotian government expects companies in labor-intensive industries, such as processing of agricultural products and sewing, to set up shop there.

     Laos raised its minimum wage by 40% in April. Still, the country’s overall labor costs, including bonuses, are about a third of Thailand’s.

     Laos has a relatively small population of about 6.6 million, so large corporations entering the country could have difficulty securing local workers.

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