2024-03-02
On March 31, 2023, at the Ground Satellite Station in Ban Nahai, Hadxayfong District, Vientiane Capital, chaired by Mr. Vu Phang Jay, General Director of Lao Asia-Pacific Satellite Co., Ltd., with the presence of Mr. Kaew Visouk Solaphom, Party Standing Committee Member, Deputy Minister of Technology and Communications, Mr. Hem Phommachan, Chairman of the Board of Directors, along with invited guests from relevant departments of the Ministry of Technology and Communications, Ministry of Information, Culture and Tourism, Ministry of Industry and Commerce, Ministry of Finance, Ministry of Planning and Investment, and company staff from the main office and branch offices in various provinces, participated via Video Conference, totaling 110 participants.
Mr. Sisane Pongnathi, Deputy General Director of Lao Asia-Pacific Satellite Co., Ltd., presented a summary report of the business operations for the year 2022 and the business plan for 2023. He highlighted that the business operations in 2022 faced financial losses due to internal and global impacts such as the COVID-19 pandemic, the global economic downturn, and other combined factors, which made business expansion both domestically and internationally challenging. However, with the support of the Lao-Chinese governments and the company's management, Lao Satellite overcame these challenges and focused on business development by leveraging all available resources domestically and internationally to expand the market share of satellite signal leasing domestically and internationally, expanding the customer base for satellite television services domestically and internationally, and developing internet business, data center business, IPTV TVPC channels, and ICT engineering business. Additionally, the company has increased cooperation with state enterprises and companies with infrastructure and financial conditions to jointly develop and create business value through shared infrastructure utilization to maximize benefits, such as cooperation with Electricite du Laos, Lao-China Railway Company, Lao Postal State Enterprise, and several telecommunications companies. On this occasion, the company management organized a ceremony to award certificates to 15 outstanding employees for the year 2022. Following this, the ministry leadership and representatives participated in a solidarity celebration for the Lao New Year B.E. 2566.