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...

Rough Seas in Thailand Dash Hopes of Holidaymakers

Waves up to four meters high at Thailand's Koh Samui island have interrupted travel to and from the island by boat. Huge waves have been...

Lao Airlines Plane Clipped by Korean Jet at Incheon Airport

A Lao Airlines passenger aircraft collided with another plane at Incheon International Airport early today, however, no injuries were reported. Korea's Yonhap News reports that...

LOCA launches LOCA PAY Enabling QR Code payment via Credit Card

Loca launched a new product "Loca Pay" on 16 December 2022, with a new goal to be a convenient and safe digital payment intermediary...

Over 100 Thai Sailors Stranded After Navy Ship Sinks

Three Warships and two helicopters were assigned to rescue the sailors after their ship sank in the turbulent waters of the Gulf of Thailand...

Asian Expatriates Staying to Help in Ukraine

After a month of renewed Russian airstrikes which have targeted civilian infrastructure and in particular the power grid, life has become harder across Ukraine,...

ADB Lowers GDP Growth for Asia in Latest Forecast

A worsening global condition and the prolonged Ukraine war are two of the most important factors for this recent economic prediction. In September, the...