Currently, 70% of internet users in Laos rely on overseas apps such as WhatsApp and Line. (Freepik pic) BANGKOK: Laos has introduced its first domestically developed messaging app, called LoudChat.
Looming Debt Crunch Positions Laos as Next Possible Asia Default
Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments. Fuel shortages across …
Looming Debt Crunch Positions Laos as Next Possible Asia Default
Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments. Fuel shortages across …
Vietnam business association in Vientiane holds first congress
The Vietnam Business Association in Vientiane, Laos, on July 1 held its first congress for the 2022-2027 term.
Southeast Asia cross-border clean energy trade gets a boost with Laos-Singapore sales
A project to send solar power from Australia to Singapore has also been deemed investment-ready. These are important milestones for multilateral energy trade in Asia-Pacific, said experts, but the …
After six months, China-Laos Railway showing great promise
But since the opening of the cross-border railway linking China and Laos in December, Thepmoukda feels better about the journey. The first ride Thepmoukda took on the train was when she traveled back …
Will Laos default on its debt?
The situation in Laos does not look as catastrophic. But many of the same conditions that plunged Sri Lanka into turmoil are present. The economy was already suffering from the absence of tourists, …
Debts mounting but Laos won’t default: finance minister
The annual amount of debt-service payment has risen from US$1.2 billion in 2018 to US$1.4 billion this year, a top government official has revealed.
Laos finance minister guarantees at least three-month fuel supply for its people
Lao Minister of Finance, Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months, reports Laotian Times.
Laos finance minister guarantees at least three-month fuel supply for its people
Lao Minister of Finance, Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months, reports Laotian Times.