Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category.
The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....
The value of ASEAN-US bilateral trade and investment has reached US$212.8 billion and accounted for 9.3% of ASEAN’s total trade.
Foreign direct investment (FDI) flows...
ASEAN-Russia bilateral trade reached US$13.4 billion in 2015, representing 0.6 per cent of ASEAN’s total trade, placing Russia as the eighth largest trade partner...
More than 15,000 students have registered for entrance exams at the National University of Laos, but the university has said that only 5,335 students...
Prime Minister Thongloun Sisoulith has urged the authorities and local people of Nam Bak district, Luang Prabang Province to continue promoting the farming of...
Dismissing its neighbors' pleas, Laos is rapidly building a Mekong River dam that threatens fisheries crucial to millions of Southeast Asia's people.
The site of...
