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....
VIENTIANE -- Chinese Premier Li Keqiang on Wednesday called for concerted efforts between China and ASEAN (Association of Southeast Asian Nations) member states to push...
Malaysia has emerged as the eighth largest foreign investor in Laos with investments of RM 2.3 billion from 2000 to 2015.
Malaysian Ambassador to Laos,...
VIENTIANE -- A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told...
