Micro-businesses dominate Laos’ enterprises: survey


The survey indicates that microbusinesses represent the smallest percentage in terms of access to finance from banks. - The Star/ANN

VIENTIANE (Vientiane Times/ANN): Laos, as a least developed country, is still largely dominated by microbusinesses, which account for 94.2 per cent of all enterprises in the country, the results of the latest survey revealed on Tuesday (Feb 16) show.

A total of 133,997 enterprises recorded their operations in 2019, an increase of 9,124 compared to 2013, according to the third economic census conducted by the Lao Statistics Bureau in 2019-2020.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , micro-businesses , survey

Next In Aseanplus News

Thailand says Cambodia must announce ceasefire 'first' to stop fighting
Trump-Kim summit more likely in 2026, with Seoul still left in cold: Report
Indonesian employers group says proposed minimum wage rise is too high
Quirky stationery, red ginseng: What tourists in South Korea are buying these days
PM2.5 levels rise in Bangkok, health warning issued
Singapore police step up patrols in certain areas following Sydney’s Bondi Beach shooting
Alleged Bondi Beach gunman to be charged within hours: Albanese
Inside the US$2bil flood mitigation scandal that paralysed the Philippines
Famous China painter, 87, welcomes son with wife, 37, amid US$280mil theft rumour
Man runs amok, kills grandmother, injures great-grandmother

Others Also Read