KPL) Acting Head of the National Economic Research Institute claimed that the 25th SEA Games, to be held in December this year, would act as a stimulus to the national economy and thereby mitigates the adverse effects of the global economic turmoil.
Mr. Leeber Libuapao also said that the national economic growth is facing a big challenge this year because of the sharp drop in the export of goods.
Mr Leeber added that although the government has designed and implemented measures to try to minimise and overcome the effects of the global crisis but it would take at least a few months before one sees its positive effects.
He also said that the national economic recovery, due to commence in 2010, would only kick in if it coincides with the recovery of the world’s economy by next year and it means that if it would grow by one to two per cent in 2010.
However, the Asian Development Bank, in its press release yesterday, is upbeat on the Lao economy and stated that it would grow by 5.5 per cent this year and 5.7 per cent in 2010.
The acting head of NERI commented on the effects of the biggest hydropower project, Nam Theun Two, on the national economy and said that when it is operational in late 2009, it would generate income and this would not only mitigate the impact of the crisis but it can even boost national economic growth.
Mr. Leeber said that in order to get the Lao economy to grow one should get the consumers to spend and this is because national expense is always equal to national income and the government and people should be aware that consumers who retrench and save money would not be contributing to economic growth.
Showing posts with label Myanmar. Show all posts
Showing posts with label Myanmar. Show all posts
Thursday, April 9, 2009
Friday, January 30, 2009
25th SEA Games sports complex almost 100% finished !
First check of SEA Games complex set for April
Photo: The SEA Games main stadium as it looked last month, with construction now about 80 percent complete.
All facilities at the 25th SEA Games sports complex are now more than 80 percent complete, site manager Kiengkham Phoutchanhthavongsa said yesterday.
“We are confident that construction of all venues at the site will be finished by the end of March. We are now putting the finishing touches to the facilities at each venue, installing furniture and building roads around the complex,” he said.
“When construction is finished, there will be three months of checks of the facilities at all venues in the complex to make sure everything is functioning properly. The schedule of tests runs from April to June, after which we will hand over the complex to the Lao SEA Games Organising Committee.”
The 125-hectare sports complex is located in Dongsanghine village, Xaythany district, Vientiane , and houses the main stadium with a seating capacity of 20,000, which will be used for the football and track and field events and for the opening and closing ceremonies.
Other venues at the site comprise two indoor stadiums, each with a seating capacity of 3,000, an indoor swimming pool, tennis courts, and a shooting range.
Construction began on October 28, 2007, under a contract with the China Yunnan Construction Engineering Group Corporation. The cost of construction is more than US$80 million and has been arranged through a joint cooperation project between the Lao government and the China Development Bank.
The upgrading of other facilities, including indoor and football stadiums to be used for competition and training, is also in progress.
Meanwhile, work has finished on a new sports training centre on an 11-hectare site in Sikeud village, Naxaithong district.
The centre cost more than 35 billion kip (US$4 million) to build, financed by grant aid from the government of Vietnam . An opening ceremony will be held on January 18.
The centre comprises an office, sleeping quarters for athletes, a running track and playing field, a football pitch, a gymnasium and other facilities for sporting events. Up to 200 athletes will be able to train there every day.
Construction is also in progress on the athletes' village, which is located on a 42,000sqm site at the Dongdok campus, National University of Laos. It is scheduled for completion in August.
Photo: The SEA Games main stadium as it looked last month, with construction now about 80 percent complete.
All facilities at the 25th SEA Games sports complex are now more than 80 percent complete, site manager Kiengkham Phoutchanhthavongsa said yesterday.
“We are confident that construction of all venues at the site will be finished by the end of March. We are now putting the finishing touches to the facilities at each venue, installing furniture and building roads around the complex,” he said.
“When construction is finished, there will be three months of checks of the facilities at all venues in the complex to make sure everything is functioning properly. The schedule of tests runs from April to June, after which we will hand over the complex to the Lao SEA Games Organising Committee.”
The 125-hectare sports complex is located in Dongsanghine village, Xaythany district, Vientiane , and houses the main stadium with a seating capacity of 20,000, which will be used for the football and track and field events and for the opening and closing ceremonies.
Other venues at the site comprise two indoor stadiums, each with a seating capacity of 3,000, an indoor swimming pool, tennis courts, and a shooting range.
Construction began on October 28, 2007, under a contract with the China Yunnan Construction Engineering Group Corporation. The cost of construction is more than US$80 million and has been arranged through a joint cooperation project between the Lao government and the China Development Bank.
The upgrading of other facilities, including indoor and football stadiums to be used for competition and training, is also in progress.
Meanwhile, work has finished on a new sports training centre on an 11-hectare site in Sikeud village, Naxaithong district.
The centre cost more than 35 billion kip (US$4 million) to build, financed by grant aid from the government of Vietnam . An opening ceremony will be held on January 18.
The centre comprises an office, sleeping quarters for athletes, a running track and playing field, a football pitch, a gymnasium and other facilities for sporting events. Up to 200 athletes will be able to train there every day.
Construction is also in progress on the athletes' village, which is located on a 42,000sqm site at the Dongdok campus, National University of Laos. It is scheduled for completion in August.
Sunday, December 28, 2008
Lao and Thai officials discuss SEA Games 2009 preparations
Officials from the Lao SEA Games Organising Committee and Thai Ministry of Tourism and Sport met on Wednesday in Vientiane to discuss preparations for the 2009 SEA Games. –Photo Sisay
The Lao SEA Games Organising Committee (LAOSOC) met with delegates from the Thai Ministry of Tourism and Sports in Vientiane on Wednesday to discuss progress on preparations for the 25th SEA Games.
The meeting was chaired by Lao National Sports Committee Vice President, Mr Somphou Phongsa, and the Thai Ministry of Tourism and Sports' Permanent Secretary Dr Sasithara Pichaichannarong.
The two sides discussed preparations for the games including the compilation of competition technical teams, construction of training and competition facilities, traffic and transport arrangements, volunteer organisers, television broadcasting and accommodation for athletes and officials.
Thai officials reported on the progress of an indoor stadium upgrade which the Thai government is providing 43 billion kip (179 million baht) funding for. The stadium in Beungkhayong village, Sisattanak district of Vientiane will host the shuttlecock and muay events during the games.
The facility is on track for completion in October next year, the meeting was told.
Mr Somphou, on behalf of LAOSOC, thanked the Thai government for its support in upgrading the Beungkhayong indoor stadium and other preparations for the event, which will be held in December 2009.
“In preparing for the games we have also received generous support from other neighbouring countries including Vietnam and China ,” he said.
Last month a meeting of the SEA Games Federation decreed the event would consist of 390 events across the 25 sports of athletics, aquatic sports (swimming, diving and water polo), archery, badminton, billiards and snooker, boxing, cycling, football, golf, judo, karatedo, sepak takraw, shooting, table tennis, taekwondo, tennis and soft tennis, volleyball, weightlifting, wrestling, wushu, muay, fin swimming, petanque, shuttlecock and pencak silat.
Competition venues are the national sports complex at Km 16 in Dongsanghin village, Xaythany district; Don Chan Palace; Booyoung and Olympasia indoor stadiums at the National University of Laos; Lao International Trade Exhibition and Convention Centre; Chao-anouvong stadium in Anou village, Chanthabouly district; the Army stadium at Km 5 and the Vientiane Sports Department in Beungkhayong village, Sisattanak district.
The Lao SEA Games Organising Committee (LAOSOC) met with delegates from the Thai Ministry of Tourism and Sports in Vientiane on Wednesday to discuss progress on preparations for the 25th SEA Games.
The meeting was chaired by Lao National Sports Committee Vice President, Mr Somphou Phongsa, and the Thai Ministry of Tourism and Sports' Permanent Secretary Dr Sasithara Pichaichannarong.
The two sides discussed preparations for the games including the compilation of competition technical teams, construction of training and competition facilities, traffic and transport arrangements, volunteer organisers, television broadcasting and accommodation for athletes and officials.
Thai officials reported on the progress of an indoor stadium upgrade which the Thai government is providing 43 billion kip (179 million baht) funding for. The stadium in Beungkhayong village, Sisattanak district of Vientiane will host the shuttlecock and muay events during the games.
The facility is on track for completion in October next year, the meeting was told.
Mr Somphou, on behalf of LAOSOC, thanked the Thai government for its support in upgrading the Beungkhayong indoor stadium and other preparations for the event, which will be held in December 2009.
“In preparing for the games we have also received generous support from other neighbouring countries including Vietnam and China ,” he said.
Last month a meeting of the SEA Games Federation decreed the event would consist of 390 events across the 25 sports of athletics, aquatic sports (swimming, diving and water polo), archery, badminton, billiards and snooker, boxing, cycling, football, golf, judo, karatedo, sepak takraw, shooting, table tennis, taekwondo, tennis and soft tennis, volleyball, weightlifting, wrestling, wushu, muay, fin swimming, petanque, shuttlecock and pencak silat.
Competition venues are the national sports complex at Km 16 in Dongsanghin village, Xaythany district; Don Chan Palace; Booyoung and Olympasia indoor stadiums at the National University of Laos; Lao International Trade Exhibition and Convention Centre; Chao-anouvong stadium in Anou village, Chanthabouly district; the Army stadium at Km 5 and the Vientiane Sports Department in Beungkhayong village, Sisattanak district.
Wednesday, July 9, 2008
Lao Karatedo team eyes two golds in SEA Games 2009
Photo: Mr Vilayvong Boutdhakham ( third left ), Mr Phongsavath Boupha ( fourth left ), Mr Watanabe Toshiyuki ( fourth right ) and federation officials gather at the Youth Union on Monday. The Lao karatedo team is hoping for two gold medals at the 25 th SEA Games in Laos next year, after winning only one bronze medal at the 24 th SEA Games in Thailand last December. On Monday the Lao Karatedo Federation held a ceremony at the Lao Revolutionary Youth Union to present certificates and black belts (dan) to the federation president and officials. A representative of the Yuuwakai Association of Japan, Mr Watanabe Toshiyuki, presented certificates and black belts (5 dan, 4 dan and 3 dan) to President of the Lao Karatedo Federation and Deputy Security General of the Lao Revolutionary Youth Union, Mr Vilayvong Boutdhakham, and to the federation's vice presidents, secretary and trainers. Deputy Minister of Foreign Affairs and consultant to the federation Phongsavath Boupha, national team members and members of the Vientiane Secondary School Karatedo Club also attended the ceremony. “We want to strengthen the hearts of the federation's president and officials to encourage them to continue to improving karatedo in Laos ,” Mr Phongsavath said. “We thank the Yuuwakai Association and hope Japan will continue to help us develop karatedo in Laos and that our two countries will enjoy friendly cooperation.” The karatedo team from Vientiane Secondary School gave a demonstration of their skills at the end of the ceremony. Consultant to the federation Sonesak N.Nhansana supervised an examination of karatedo fighters in several categories at the Lao Telecom Centre Shotokan Karatedo camp on Sunday. Seven candidates passed the examination and received a black belt and 3 kyu, 7 kyu and 8 kyu belts. They have been training in the sport since March this year. The camp will send a karatedo team to compete in the 8 th National Games in Champassak province in December and the camp's top fighters will join the national team at the 25 th SEA Games in Laos next year.
Wednesday, December 12, 2007
Football SEA GAMES 2007 Final Thailand- Myanmar 14 DEC 2007
Football SEA GAMES 2007 Final Thailand- Myanmar 14 DEC 2007
Monday, November 19, 2007
1991 Southeast Asian Games
The 16th Southeast Asian games were held in Manila, the Philippines from 24 November - 3 December 1991. This was the second time that the country hosted the biennial regional sporting event. It was officially opened by President Corazon Aquino at the Rizal Memorial Stadium in Manila through a colorful opening ceremony. It was the only SEA games where the overall championship was heavily contested. The deciding medal came from the last sporting event - women's marathon where Indonesia got the gold medal. The host country was disappointed when they were two gold medals short of getting the over-all championship।
Mabuhay, the Sarimanok, a colourful mountain-dwelling fighting cock, was the official mascot of the XVI Seagame
Mabuhay, the Sarimanok, a colourful mountain-dwelling fighting cock, was the official mascot of the XVI Seagame| Position | Country | Gold | Silver | Bronze | Total |
|---|---|---|---|---|---|
| 1 |  Indonesia | 92 | 86 | 67 | 245 |
| 2 |  Philippines | 91 | 62 | 86 | 239 |
| 3 |  Thailand | 72 | 80 | 69 | 221 |
| 4 |  Malaysia | 36 | 38 | 66 | 140 |
| 5 |  Singapore | 18 | 32 | 45 | 95 |
| 6 |  Myanmar | 12 | 16 | 29 | 57 |
| 7 |  Vietnam | 7 | 12 | 10 | 29 |
| 8 |  Brunei | 0 | 0 | 8 | 8 |
| 9 |  Laos | 0 | 0 | 0 | 0 |
1991 Southeast Asian Games
The 16th Southeast Asian games were held in Manila, the Philippines from 24 November - 3 December 1991. This was the second time that the country hosted the biennial regional sporting event. It was officially opened by President Corazon Aquino at the Rizal Memorial Stadium in Manila through a colorful opening ceremony. It was the only SEA games where the overall championship was heavily contested. The deciding medal came from the last sporting event - women's marathon where Indonesia got the gold medal. The host country was disappointed when they were two gold medals short of getting the over-all championship।
Mabuhay, the Sarimanok, a colourful mountain-dwelling fighting cock, was the official mascot of the XVI Seagame
Mabuhay, the Sarimanok, a colourful mountain-dwelling fighting cock, was the official mascot of the XVI Seagame| Position | Country | Gold | Silver | Bronze | Total |
|---|---|---|---|---|---|
| 1 | Indonesia | 92 | 86 | 67 | 245 |
| 2 | Philippines | 91 | 62 | 86 | 239 |
| 3 | Thailand | 72 | 80 | 69 | 221 |
| 4 | Malaysia | 36 | 38 | 66 | 140 |
| 5 | Singapore | 18 | 32 | 45 | 95 |
| 6 | Myanmar | 12 | 16 | 29 | 57 |
| 7 | Vietnam | 7 | 12 | 10 | 29 |
| 8 | Brunei | 0 | 0 | 8 | 8 |
| 9 | Laos | 0 | 0 | 0 | 0 |
Subscribe to:
Posts (Atom)