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...

Space X, Netflix, Boeing to Join Important US Business Mission in Vietnam

Space X, Netflix, and Boeing are among the companies to participate in the largest-ever US business mission in Vietnam this week to discuss investment...

First, Largest Youth-Led Economic Forum Takes Place in Southeast Asia

The ASEAN Youth Organization has organized the first and largest youth economic forum, called the ASEAN Youth Economic Forum (AYEF) 2023 with the theme...

Thailand Dissolves Parliament Ahead Of May Election

King Maha Vajiralongkorn of Thailand has sanctioned the dissolution of the country's House of Representatives, effectively launching the campaign season ahead of the forthcoming...

Meta Launches Paid Verification on Facebook, Instagram in US

Metas' paid verification is now available across the US following the announcement from Meta CEO, Mark Zuckerberg, last Friday. After initially being available exclusively in...

China’s Flying Vehicle Manufacturer Targets ASEAN as Main Market

China's EHang Holdings, a global leader in the development of flying cars, eyes Southeast Asia's tourism sector as a significant opportunity for air mobility...

Cambodia’s Chief of Armed Forces Hun Manet Promoted to Four-Star General

Cambodia's future prime ministerial candidate, Hun Manet, was promoted four-star general by King Norodom Sihamoni on Friday. The promotion comes after the King submitted a...