ONYX Hospitality Group has inked a new deal to open its second Amari brand Laos hotel. Amari Vientiane is scheduled to open in 2024. The property will have 248 rooms, all-day dining, a rooftop …
Laos navigates economic peril amid rising debt and China’s influence
The subsequent years witnessed a surge in Chinese influence, particularly through infrastructure projects funded under China’s Belt and Road Initiative (BRI). Laos borrowed substantial sums from the …
Lao military says country’s crypto operators owe $20M in unpaid taxes
In an effort to boost state revenues, Laos appears to be turning its attention to the country’s crypto sector. According to a Nov. 9 report by Chinese state news agency Xinhua News, citing a …
Man lured to work in Laos, Myanmar scam compounds was beaten, electrocuted
SINGAPORE – For seven months, Mr Francis Kamugisha was forced to work every day in heavily guarded scam mills in Laos and Myanmar after being lured to South-east Asia in August 2022 by the promise of …
Visiting the Thanaleng Dry Port: Mongolian business executives seek opportunities
Mongolian business executives are seeking business opportunities through logistics links via Laos as the Southeast Asian country is becoming a logistics connector for the region.
Laos’ inflation rises to 25.8 per cent in October
Inflation in Laos increased to 25.8 per cent year-on-year in October from 25.69 per cent in September, according to the latest report from the Lao Statistics Bureau.
Laos is spiraling toward a debt crisis as China looms large
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation’s obligation to its biggest creditor, China.
Laos is spiraling toward a debt crisis as China looms large
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation’s obligation to its biggest creditor, China.
Laos sets tourism record boasting 285 per cent surge in 2023
Nestled amid the green landscapes of South-East Asia, Laos finds itself at the epicentre of an extraordinary tourism surge, statistics by the Ministry of Information, Culture, and Tourism revealed.
Laos continues enforcing measures to stabilise macroeconomy
Lao Prime Minister Sonexay Siphandone has pledged to continue enforcing measures to stabilise macroeconomy and prevent Laos from falling into a crisis, reported the Vientiane Times on 1.