Politics

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

Timor-Leste Moves to Join Cluster Munition Ban at Vientiane Conference

Timor-Leste has taken a formal step toward joining the Convention on Cluster Munitions, signing...

Laos Warns of Lasting Toll at Vientiane Meeting as Cluster Munition Use Rises Worldwide

Laos is hosting the Convention on Cluster Munitions’ Third Review Conference 16 years after...

Vientiane Court Hands Life Sentences to Former Bank Employees in Major Corruption Cases

A court in Vientiane gave life sentences to several former bank employees for corruption....

Laos, Kazakhstan Seek New Railway Links to Expand Trade

Laos and Kazakhstan are exploring new railway and logistics links that could open a...

Lao Govt Generates New Revenue Streams from Bitcoin and Cryptocurrency

Since the start of cryptocurrency mining in Laos last year, the government has generated nearly USD 27 million in revenue.  This was revealed by Prime...

Myanmar Central Bank Will Issue Highest Denomination Banknote as Economy Suffers

BANGKOK (AP) — The Central Bank of army-ruled Myanmar will issue a new banknote worth twice as much as the current highest denomination, state-run...

Hun Sen’s Ruling Party Claims Landslide Win in Cambodian Election After Opposition Was Suppressed

PHNOM PENH, Cambodia (AP) — The ruling party of Cambodia’s longtime Prime Minister Hun Sen claimed a landslide victory in Sunday’s general election, an...

Protesters in Bangkok Call on Senators to Approve Vote Winners’ Choice for Prime Minister

BANGKOK (AP) — Hundreds of people gathered Sunday in the Thai capital of Bangkok to demand that conservative senators stop blocking the naming of a...

Laos, Malaysia Sign Deal for Cross-border Railway Operations

Kuala Lumpur (The Star): Malaysia and Laos have marked an important milestone in cross-border railway movement with a memorandum of collaboration signed between their...

Laos Receives USD 426 Million from Lao Workers Abroad as Foreign Remittance

Lao workers who work abroad send an average of over USD 35.5 million per month back to Laos, or USD 426 million per year,...