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....
Lao government has identified common challenges in foreign trade and is taking measures to further facilitate trade, the Ministry of Industry and Commerce said.
Representatives...
The governments of Malaysia, Thailand and Laos signed a memorandum of understanding (MoU) today to facilitate the implementation of cross-border multilateral power trade of...
Migrant workers from Laos tend to assimilate better into Thai society than their counterparts from Myanmar and Cambodia, mainly due to similarities in language, lifestyle...