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Tuesday, July 1, 2025
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Economy

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to finally move forward, with the signing of the revised contract expected this July. Owned by the State Railway of Thailand (SRT), the project grants a 50-year concession to Asia Era One, a consortium led by the...

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

Vietnam Approves Free Public Education from Preschool to High School

Vietnam has officially scrapped tuition fees for public schooling from preschool through to the...

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more...

ASEAN+3 Publishes Regional Economic Outlook for 2022 

Risks abound, but growth is expected to normalize in the region as COVID recedes. On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...

Ministry of Foreign Affairs to Streamline Passport Applications

The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad. The Consular...

Laos Finance Minister Guarantees Three-month Fuel Supply

Lao Minister of Finance, Mr. Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months. He made...

Bank of the Lao PDR Considers Measures to Combat Exchange Issues

The central bank of the Lao PDR is considering measures to address money-related problems including Kip depreciation and rising inflation. According to the Lao News Agency...

Bank of the Lao PDR to Issue 5 Trillion in Saving Bonds 

The central bank of Laos PDR will issue LAK 5 trillion in savings bonds to individuals and legal entities residing in the Lao PDR,...

Laos Needs Improved Hydropower Safety Legislation: Energy Minister

Lao Minister of Energy and Mines, Mr. Daovong Phonekeo, says enacting a specific law to ensure dam safety is a vital part of the country's...