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...

Thousands of Cubic Metres Veneer Legitimate for Export

More than 12,456 cubic metres of veneer exports have been permitted despite the government prohibiting the export of all types of unfinished wooden products. The...

Southern Bus Station Set To Depart This Month

The relocation of the southern bus station in Vientiane to a new site is set to begin this month, with the process expected to...

Police Arrest Two Men for Possessing Counterfeit Money

Security officials at Chao Anouvong Park in Chanthabouly district, Vientiane apprehended two teenagers for possessing and using counterfeit money. The two known as Mr. Khamman...

Handicraft Sector Needs to Increase Understanding of Silk Production

The Lao Handicrafts Association (LHA) needs to increase the understanding and importance of sericulture to local people so they can support the sector further,...

Savannakhet’s Soui Lake Set for Tourism Development

Champhone district authorities have submitted plans and a budget for a comprehensive tourism development at Soui Lake in Savannakhet to the provincial office for...

Laos Hopes to Export Electricity to Singapore by 2020

Laos expects it will be able to export electricity to Singapore by 2020 as its officials are speeding up talks with the countries involved. Deputy...