Economy

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

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....

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

China-Laos Low-Carbon Project Expected to Cut Emissions by More Than 1,200 Tons Annually

The Vientiane-Saysettha Low-Carbon Demonstration Zone is expected to reduce carbon emissions by more than...

Lao President’s Book Donated to 22 Lao Schools Across Vientiane

More than 22 schools across Vientiane Capital received copies of President Thongloun Sisoulith’s memoir...

Lao Government Tackles Trade Challenges

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...

Laos, Malaysia and Thailand Kick Off ASEAN Multilateral Power Trading

KUALA LUMPUR -- Laos, Malaysia and Thailand on Wednesday have inked an agreement that paves the way for multilateral trade in electric power by...

Malaysia to Buy Power From Laos Via Thai Power Grid

VIENTIANE - Thailand and Malaysia concluded a deal on Wednesday which will see Malaysia buy 100 MW of electricity from Laos via Thailand's power...

Malaysia Can Buy Up to 100MW of Hydropower From Laos By 2018

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...

Migrants From Laos Experience Smoother Assimilation Into Thai Society

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...

Laos-China Railway Construction to Begin in December

Construction of a historic railway linking Lao capital Vientiane to the Chinese border over a distance of 427 km is expected to begin in...