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As Budget Drops, MRC Prepares for New Laos Dam

The Mekong River Commission (MRC) is still reeling from the blowback over its handling of the consultation process around the Don Sahong and Xayaburi dams in Laos, both of which are expected to have severe environmental consequences on those living downstream.

Recharging Asia’s Battery: What Obama Should Do in Laos

Next week, Barack Obama will be the first sitting U.S. president to visit Laos, a poor, landlocked country whose large-scale efforts to dam the Mekong River threaten to destabilize the region. This concerns the United States because Southeast Asia is one of the country’s largest trading partners and a key …

Laotian Minister: Laos Full of Opportunities For Korean Investors

Laotian Planning and Investment Minister Souphanh Keomixay said Thursday, the Southeast Asian country seeks to strengthen economic ties with Korea through investments from private sectors. He said the Laotian economy has the potential to follow the Korean economy’s development model.

In an interview with The Korea Times, the minister stressed …

Toyota and Daehan Dominate Laos Auto Market

Laos Auto Market in first half of 2016 hit record sales and production. The market is dominated by Toyota and Daehan while the most of new vehicles registered are commercial.

Market Outlook

Laos’s economy lost some steam in 2015 due to weak global demand for commodities, which is still keeping …

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing.…

Vietnam Considers Buying Electricity From Laos to Ease Reliance On China

Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off power sources which pollute the environment. Deputy Prime Minister Trinh Dinh Dung has urged the Ministry of Industry and Trade to submit the master plan to …

Fisherman Struggling with Seasonal Lower Prices

Lao fishermen, fish farmers and market traders are battling lower fish prices this rainy season as overall market supply has increased.…

Government Enforcing Revenue Collection Measures

The Ministry of Finance is committed to carrying out stronger measures to increase revenue collection for the rest of the fiscal year to offset shortfalls recorded in the first 10 months.…