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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...
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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...
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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,...
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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...
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At Least 15 University Students Die in Malaysia Bus Accident

AFP - At least 15 people were killed when a bus carrying university students smashed into a minivan in northern Malaysia early Monday, local...

Bulgaria on Course to Become 21st EU Member to Adopt Euro

On 4 June, the European Commission gave the green light for Bulgaria to adopt the euro next year, putting the Balkan country on course...

Thailand Tightens Border Checkpoint Controls Amid Cambodian Incursions, Gov Denies Closure

Last update on 7 June, 2025 at 3:46 PM As tensions escalate along the Thailand-Cambodia border, the Royal Thai Army has reportedly issued an order...

Thai Airways Closes Thai Smile After THB 20.9 Billion in Losses of 12 Years of Service

Thai Airways International (THAI) has formally dissolved Thai Smile Airways—its low-cost subsidiary.  On 5 June, the company notified the Stock Exchange of Thailand (SET), confirming...

Thailand Calls Security Meeting as Border Talks with Cambodia Face Setback

As tensions persist along the Thailand–Cambodia border, Thai Defence Minister Phumtham Wechayachai has called a National Security Council meeting for 6 June. The move follows...

Asian Markets Wobble as Trump-Xi Talks Offset by Musk Row

AFP - Asian markets stuttered Friday as optimism from "very positive" talks between United States presidents Donald Trump and China Xi Jinping was wiped...
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