Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.
Laos economy to tackle issues on economic challenges, state budgetary plans at National Assembly session
The Laos government’s report on the implementation of the socio-economic development plan, the state budgetary plan and the 2024 currency plan as well as the plan for 2025 are among key issues on the …
Laos economy to tackle issues on economic challenges, state budgetary plans at National Assembly session
The Laos government’s report on the implementation of the socio-economic development plan, the state budgetary plan and the 2024 currency plan as well as the plan for 2025 are among key issues on the …
China leveraging Laos to link up its Southeast Asian economic interests
Laos, relatively undeveloped and small at just … Japan was Southeast Asia’s biggest provider of financial, infrastructure and technical help until the 2000s. But for Chinese investors, Southeast …
Absolute Hotel Services Announces Fourth Property in Laos
Bangkok, Thailand (November 2024) – Absolute Hotel Services Group is thrilled to announce an exciting new partnership with Manignom Auto Group Company Limited, bringing their fourth property to the …
Natural disasters leave 12 dead in Laos so far in 2024
VIENTIANE: Over 255,000 people have been affected by natural disasters so far this year, in which 32 people were injured, 12 people were killed, and one person is still missing, according to Laos’ …
Banking on banks to finance the green transition
Vietnam’s green goals require huge sums in order for them to succeed. Thomas Jacobs, country manager for Vietnam, Cambodia, and Laos at the International Finance Corporation, looks at …
KS Hotels and HMD Asia acquire two hotels in Laos and Cambodia
KS Hotels and HMD Asia have acquired La Résidence hotels in Luang Prabang, Laos; and Siem Reap, Cambodia. Financial details of the deal remain undisclosed. Previously owned and managed by Belmond, …
ASEAN seeks to tackle Myanmar crisis, South China Sea tension
The Southeast Asian bloc ASEAN met in Laos on Wednesday as it seeks to advance a stalled bid to resolve a crisis in Myanmar and cool tensions in the South China Sea, days ahead of a gathering of top diplomats from the world’s biggest powers.
Myanmar violence, South China Sea tensions are top issues as Southeast Asian diplomats meet in Laos
Southeast Asian foreign ministers are gathering in the capital of Laos for the start of a regional forum that will run through Saturday.