Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category.
The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....
The European Union has sanctioned the Lao-based Joint Development Bank (JDB), marking the first time the bloc has targeted a Lao financial institution as...
On 20 May, Thai authorities arrested three Lao nationals and one Vietnamese national for working without valid permits at an agarwood processing site in...
Laos has formalized a build-operate-transfer (BOT) concession for the 80-megawatt Xekaman 4 Hydropower Project in Sekong province, with all electricity generated designated for export...
Authorities at Wattay International Airport in Vientiane intercepted four pieces of suspected rhino horn, weighing a total of 10.1 kilograms, on the afternoon of...