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...

Development of Hello Kitty World Halts in Vietnam After Four Years

The Department of Investment and Planning in Hanoi, Vietnam has issued a decision to stop construction on a park project dubbed Sanrio Hello Kitty...

Vietnam’s Hydropower Crisis Persists As Water in Reservoirs Drop to Dangerous Levels

Two out of the three largest hydropower dams in Vietnam, Son La and Lai Chau are reported to be at dead water levels, leaving...

UN Agency Says Myanmar Has Suspended International Aid Deliveries To Cyclone-hit Areas

BANGKOK (AP) — Myanmar’s military government has rescinded its approval for international organizations to distribute food, shelter, and medicines to thousands of residents of...

Rights Group Says Myanmar’s Military Rulers Have Cracked Down on Lawyers, Abused Legal System

BANGKOK (AP) — Lawyers representing critics of Myanmar’s military government face harassment and attacks ranging from threats and arrests to unfair trials and even...

Cambodian PM Accuses Thailand of Planning to Expel Migrant Workers

Cambodian Prime Minister Hun Sen falsely claimed at a rally that Thailand's Move Forward Party, which recently won the national elections, plans to expel...

Global Economy on Precarious Footing Amid High Interest Rates

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest...