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 fishermen, fish farmers and market traders are battling lower fish prices this rainy season as overall market supply has increased.Reservoir fishermen at the...
Lao People’s Democratic Republic remains one of the most underdeveloped countries in Southeast Asia. But according to the Asian Development Bank (ADB), the Lao...
The initial estimates made by Lao National Statistics Bureau suggest that gross domestic product (GDP) for the 2015-2016 fiscal year will reach 6.9-7 percent,...
The Laos-China Railway Project is likely to bring such benefits to the Lao PDR as strong economic infrastructure, the achievement of cooperation and connectivity...
