Ministers, ambassadors, representatives of NGOs in Laos and other guests gather for a group photo at the ceremony marking the 68th National Day of Malaysia, 62nd Malaysia Day, and 92nd Malaysia Armed Forces Day. The ceremony was held in Vientiane last week.

Representatives of more than 20 insurance companies and agents gathered for a workshop in Vientiane that marked a significant step towards adopting the International Financial Reporting Standard 17 (IFRS 17). Organised by the Ministry of Finance and chaired by the Director General of State-Owned Enterprises and Insurance Supervision (SOEI), Mr Phaithoun Thienglamai, the workshop aimed to guide participants through implementing the new accounting standard. Mr Phaithoun highlighted the varied readiness among companies and encouraged open discussions on challenges and successes to ensure a smooth transition. The participants received in-depth guidance on IFRS 17’s significance, its impact on business growth, and strategic opportunities. This initiative underscores Laos’ commitment to enhance financial transparency and regulatory alignment in its insurance sector.

Attapeu province’s Labour and Social Welfare Department on Tuesday presents certificates to trainees following the completion of courses in IT, garment making, cookery, motorcycle repair and electrical installation. A group of 130 young people attended the courses from June 16 to September 16, organised by the province’s Skill Development Centre.   --Photo Sports newspaper

Luang Prabang authorities hit the streets on Tuesday to remove roadside obstacles and ensure streets are uncluttered during the province’s upcoming Party Committee meeting.   --Photo Pasaxon