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...

Laos Intensifies Efforts to Boost Investment from China’s Yunnan Province

Laos is intensifying efforts to attract investment from China’s Yunnan province as the two nations work to strengthen trade, transport links, and broader economic...

At Least Eight Dead as Southern Thailand Floods Hit Nearly 2 Million

Southern Thailand is confronting its most severe flooding in over three centuries as relentless monsoon rains have killed at least eight people and affected...

Lao-Thai Trade Climbs as Postal Services Move to Modernize Cross-Border Delivery

Trade between Thailand and Laos is gaining new momentum, with bilateral flows rising 8.8 percent to THB 24 billion (USD 738.5 million), according to...

Myanmar Military Says Nearly 1,600 Foreigners Arrested in Scam Hub Raids

AFP - On 23 November, the Myanmar military said it arrested nearly 1,600 foreign nationals in five days in a highly publicized crackdown on...

Vietnam Flooding Death Toll Rises to 55

AFP - Rescuers raced to find more than a dozen people still missing on Saturday after a week of heavy flooding in Vietnam, where...

Vietnam EV Maker VinFast Reports USD 900 Million Quarterly Loss

AFP - Vietnam's first homegrown electric vehicle manufacturer VinFast reported on 21 November a net loss of more than USD 900 million in the third...