Laos, a landlocked nation in Southeast Asia, is celebrating the completion of the Laos-China Railway (LCR). This monumental initiative, with a budget of $5.5bn, has already had a positive impact on …
In a Post-COVID Laos, China’s Influence Grows Ever Larger
A new $5.5 billion railway is bringing a flood of Chinese investment to the Lao capital of Vientiane. After COVID-19, it’s desperately needed.
‘We have clients all year round’: New railway line brings Chinese travellers to ancient Laos town
On a drizzly afternoon in Luang Prabang, an expectant crowd gathered around the exit of its railway station. August rains tend to keep visitors away from this picturesque town in northern Laos. But …
‘We have clients all year round’: New railway line brings Chinese travellers to ancient Laos town
On a drizzly afternoon in Luang Prabang, an expectant crowd gathered around the exit of its railway station. August rains tend to keep visitors away from this picturesque town in northern Laos. But …
Four Thai banks shutter branches in Laos as costs mount
Four large Thai banks have decided to close their branches in Laos, mainly attributed to tighter regulations and higher regulatory costs while business activities declined.The branches are Thai …
Four Thai banks shutter branches in Laos as costs mount
Four large Thai banks have decided to close their branches in Laos, mainly attributed to tighter regulations and higher regulatory costs while business activities declined.The branches are Thai …
Lao, Chinese businesses seek more benefit from railway
Leading Lao and Chinese business operators are mulling ways to strengthen business partnerships to better tap the potential offered by the Laos-China railway and closer regional economic integration.
In Laos, Obama Once Again Apologizes for America
From the AP story: President Barack Obama paid tribute Wednesday to survivors maimed by some 80 million unexploded bombs America dropped on Laos decades ago. Some 20,000 people killed or wounded …
Laos cuts electricity supply to crypto miners amid drought issues
Laos, the Southeast Asian nation, has decided to halt electricity supply to cryptocurrency mining operations within the country. The state-owned electricity distribution company, Électricité du Laos …
Laos expects food and other product prices to increase by 10% this year
The Vientiane Department of Industry and Commerce has estimated that the prices of food and other essential products in Laos will increase by 5% to 10% for the rest of this year.