World

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

China Reservoir Collapse Comes as Laos Prepares for Rising Rivers and Flood Risks

Floods in southern China have killed two people and forced nearly 48,000 residents to...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

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,...

Laos, South Korea Sign USD 1.1 Million in Agriculture Deals

Laos and South Korea have sealed two new agriculture deals worth more than USD...

Lao President Visits Senior Member of CCP in Kunming, China

The President of Laos, Mr. Thongloun Sisoulith, visited a senior official from the Communist Party of China (CCP) in Kunming, China on Thursday. KPL...

Bamboo Airways Directors Resign Amid FLC Delisting From Vietnam’s Main Stock Market

Following the delisting of FLC Group, the main backer of Bamboo Airways, from Vietnam's main stock market for violating disclosure requirements in February, all...

Laos, Australia Partner on River Basin Management

Australia and Laos have been cooperating on water resources management for nearly two decades. Key milestones in recent years include the Sekong Groundwater Management...

Laos May Face Foreign Debt Defaults as Economic Turbulence Continues

Following unsustainable external debt ratios and challenging future debt repayments, Credendo, a European credit insurance group, has downgraded Laos from category 6/7 to the...

Fierce Fighting in Myanmar Between Army, Resistance Fighters Kills At Least 26, Groups Say

BANGKOK (AP) — Recent fierce fighting between Myanmar’s army and resistance fighters has killed at least 26 civilians, including six children, in an area...

Lao Govt Looks at Manufacturing, Tourism Industries to Help Overcome Economic Turmoil

During the 6th Plenary Session of the 11th Party Central Committee held last week, President Thongloun Sisoulith addressed the committee, asking them to focus...