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...

Heritage City Market Closes Due to Flooding

Authorities in Luang Prabang province have improved the drainage system along various major roads in the city after flooding was recorded in several areas...

National Revenue Shortfall Escalates Budgetary Tensions

Revenue collected over the past 10 months of the 2015-16 fiscal year has accomplished only 74.52 percent of the set annual plan approved by...

Flash Flooding in Luang Prabang Kills Woman, Damages Crops

Flash flooding in northern parts of the country including Luang Prabang province has taken one life, destroyed many hectares of rice and other crops...

Food Prices Stable in Vientiane

Prices of meat, fish and vegetables were found to be consistent and stable in local markets in Vientiane, Laophattana newspaper reported yesterday. The findings were...

Govt Cancels Toll Collection at Thangon Bridge

The government has stopped collecting the toll at Thangon Bridge over the Nam Ngum River in Xaythany district, Vientiane after the debt for its...

Indonesia Eyes Further Cooperation with Laos

Hydropower, tourism, potassium, and medical treatment are among the sectors Indonesia has its eye on for prospective cooperation with Laos, based on the Lao...