Lao Pride Forum - Laos minimum wage increase 700,000 kip

llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos minimum wage increase 700,000 kip Reply #30 - 15^th Apr, 2011 at 5:02am MrLao4ever when you get a chance to visit Laos, and find out more infor it's good idea to talk to Lao officials, NGO and MAG-Mine Advisery Group.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #31 - 15^th Apr, 2011 at 12:17pm Thanks for the advice. llX wrote on 15^th Apr, 2011 at 5:02am: MrLao4ever when you get a chance to visit Loas, and find out more infor it's good idea to talk to Lao officials, NGO and MAG-Mine Advisery Group.
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Old Man

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Re: Laos minimum wage increase 700,000 kip
Reply #32 - 15^th Apr, 2011 at 5:53pm

PEACE wrote on 15^th Apr, 2011 at 2:57am:

Thank you very much for the information. This would be the the hard copy of the Vientiane Times? None listed on website.

Quote:

The many mining companies in Laos advertise lots of skilled jobs every day in the English language 'Vientiane Times' newspaper.

I'd imagine you'd qualify for several of those jobs Lao4ever.

At present there are about 150 mining companies operating in Laos, including two major Australia based companies, Pan Australia and MMG, which operate the Phu Kham Gold Mine in Vientiane and the Sepon Gold and Copper Mines in the central province of Savannakhet province. There are about 260 mining activities underway throughout Laos.

PanAust offers opportunities for the following professionals:

* Geologists
* Engineers (mechanical, electrical, mining and construction)
* Maintenance Trades personnel (experienced) and Supervisors
* Process Supervisors and Superintendents
* Mining Supervisors and Managers
* Construction Managers
* Supply and Logistics Management
* Accounts and Administration Management
* Human Resources Specialists
* Information Technology Specialists
* Safety, Training and Environmental Specialists
* Government and Community Relations Management

Applicants who are interested in joining an international Company experiencing significant growth should submit an application by forwarding a current resume and covering letter, indicating their discipline of interest, to careers@panaust.com.au.

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llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos minimum wage increase 700,000 kip Reply #33 - 15^th Apr, 2011 at 6:13pm Wow 150 mining company and 260 activity underway. That's a lot of competition.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #34 - 15^th Apr, 2011 at 8:03pm I know . Well the more the merrier for Laos. Tax revenues from these companies should help out the country significantly in building future infrastructures. It is all good ! llX wrote on 15^th Apr, 2011 at 6:13pm: Wow 150 mining company and 260 activity underway. That's a lot of competition.
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PEACE

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Re: Laos minimum wage increase 700,000 kip
Reply #35 - 15^th Apr, 2011 at 8:05pm

Thank you again.

Quote:

PEACE wrote on 15^th Apr, 2011 at 2:57am:

Thank you very much for the information. This would be the the hard copy of the Vientiane Times? None listed on website.

Quote:

The many mining companies in Laos advertise lots of skilled jobs every day in the English language 'Vientiane Times' newspaper.

I'd imagine you'd qualify for several of those jobs Lao4ever.

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LaoguySoCal

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Re: Laos minimum wage increase 700,000 kip
Reply #36 - 15^th Apr, 2011 at 8:10pm

Quote:

The huge, multinational accounting firm Price Waterhouse Cooper work in Laos.

Quote:

PricewaterhouseCoopers has worked in Lao PDR since 1996. PricewaterhouseCoopers (Laos) Limited currently employs 52 people, both Lao nationals and expatriates.

Our experience has given us a thorough understanding of the local Lao market and enables us to provide our clients with a wide range of professional services. In particular our position has allowed us to build up strong relationships with key ministries, financial institutions and both commercial and aid-funded organisations.

We also have extensive experience of policies and procedures covering investment, tax, accounting and consulting in Lao PDR.

PricewaterhouseCoopers Laos is located at the following address:

Units #1-3, 4th Floor
ANZ Vientiane Commercial Building
33 Lane Xang Ave.
PO BOX 7003
Vientiane, Lao PDR

Telephone: +[856 21] 222 718-9
Faxsimile: +[856 21] 222 723

You can apply for a job with them online through their website at:
http://www.pwc.com/la/en/careers

Thanks old man.

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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #37 - 15^th Apr, 2011 at 8:16pm LaoguySoCal, you do financial analyses too in addition to your Accounting?
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LaoguySoCal Full Member Offline I Love Laos! Posts: 157	Re: Laos minimum wage increase 700,000 kip Reply #38 - 15^th Apr, 2011 at 8:26pm Yes, I have done forecast and analyze before with Mortgage company in San Diego. The company is out of business now.
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llX

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Re: Laos minimum wage increase 700,000 kip
Reply #39 - 16^th Apr, 2011 at 3:39am

Mining is the largest taxes payer in Laos. They pay about $120 million a year.

I wonder if Lao government has their own mining company. Foreigner mining company sometime only give government 10% profits. If they give you $10 million that mean they make at least $100 million.
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PEACE wrote on 15^th Apr, 2011 at 8:03pm:

I know

. Well the more the merrier for Laos. Tax revenues from these companies should help out the country significantly in building future infrastructures. It is all good

!

llX wrote on 15^th Apr, 2011 at 6:13pm:

Wow 150 mining company and 260 activity underway. That's a lot of competition.
Shocked

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PEACE

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Re: Laos minimum wage increase 700,000 kip
Reply #40 - 16^th Apr, 2011 at 3:56am

If Lao Govtmnt do not have one then they should have one because there are still many areas of Laos that are still virgin territories to be explored/exploited for economical mineral deposits.

llX wrote on 16^th Apr, 2011 at 3:39am:

PEACE wrote on 15^th Apr, 2011 at 8:03pm:

I know

. Well the more the merrier for Laos. Tax revenues from these companies should help out the country significantly in building future infrastructures. It is all good

!

llX wrote on 15^th Apr, 2011 at 6:13pm:

Wow 150 mining company and 260 activity underway. That's a lot of competition.
Shocked

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llX

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Re: Laos minimum wage increase 700,000 kip
Reply #41 - 16^th Apr, 2011 at 5:06am

Laos is rich in mineral resource. I'm not sure but most of the mining company are foreigner. Maybe Lao government don't have the technology. It's easier just to sit around and correct the taxes money. If they has their own mining company they'll make $100 million instead of $10 million.
Cool

PEACE wrote on 16^th Apr, 2011 at 3:56am:

PEACE wrote on 15^th Apr, 2011 at 8:03pm:

I know

. Well the more the merrier for Laos. Tax revenues from these companies should help out the country significantly in building future infrastructures. It is all good

!

llX wrote on 15^th Apr, 2011 at 6:13pm:

Wow 150 mining company and 260 activity underway. That's a lot of competition.
Shocked

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Old Man

Ex Member

Re: Laos minimum wage increase 700,000 kip
Reply #42 - 16^th Apr, 2011 at 6:08pm

The Lao government has a substantial ownership position (40%, 50%, 60%, etc.) in many of the larger mining operations as well as other international companies operating in Laos.

Many other large projects (big hydropower dams, large agriculture projects, etc.) are run on what they call a 'build-operate-transfer' basis. This means:

Build: The foreign company provides the capital and resources for construction which they oversee and control.

Operate: The foreign company operates the production phases of the project while undertaking substantial training of Lao nationals so Lao people will be able to run the project in the future

Transfer: The foreign company hands over ownership of the company to the Lao government who may then retain ownership, or float the company on the Lao stock market so that citizen shareholders will be the company owners. Ownership is usually transferred to the government after a period of between 30 and 70 years, depending on the initial business license agreement.

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llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos minimum wage increase 700,000 kip Reply #43 - 16^th Apr, 2011 at 6:17pm Thank for clearing it out Old Man 40%, 50%, 60% ownership is a fair deal. Now I feel better knowing it. BeerLao is also 50% own by Lao government and foreign company.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos minimum wage increase 700,000 kip Reply #44 - 16^th Apr, 2011 at 11:00pm Very good-better than I expected. What is the percentage of the Lao workforce with companies? llX wrote on 16^th Apr, 2011 at 6:17pm: Thank for clearing it out Old Man 40%, 50%, 60% ownership is a fair deal. Now I feel better knowing it. BeerLao is also 50% own by Lao government and foreign company.
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