The Star Online
Laos govt reveals debt payment plan; determined to pay off US$14bil owing over the next five years
Revenue earned from potential mining operations, revamped state enterprises and from other as yet untapped sources will be used to pay debts amounting to almost US$14 billion, the government has told the National Assembly (NA). Foreign debt has accumulated to about US$13 billion and domestic debt ...
EU lends support for Lao exports to European market
The EU in Laos is providing support for the export of Lao goods to the European market through training sessions for government officials and associated parties. A training session conducted in Vientiane on Aug 2 was co-chaired by the political officer at the EU in Laos, ...
Laos, Myanmar, Thailand and China begin Mekong River patrol
Law enforcement authorities from China, Laos, Myanmar, and Thailand joined forces Tuesday (June 23) for the 106th Mekong River joint patrol. Three Chinese vessels departed from Jingha Port in Xishuangbanna Dai Autonomous Prefecture in southwest China’s Yunnan Province for the patrol. Law enforcement officers from the four ...
Covid-19 lockdown in Laos extended till June 19 despite cases being under control
The ongoing Covid-19 lockdown in Laos has been extended till June 19, according to a notice issued by the Prime Minister’s Office on Friday. The notice outlines a gradual loosening of lockdown measures, with certain strict measures to remain in place. Travel within localities that have not ...
Xinhua
Laos: Electricity and water tariffs bills reduced for all households
The state-run Electricite Du Lao (EDL) and Vientiane Water Supply State Enterprise have cut power and water tariffs by three and five percent respectively to help people cope with the impact of the Covid-19 crisis. The reduced tariffs, which will be valid for three months, will ...
Laos PM orders vaccination programme accelerated, expanded
Prime Minister Phankham Viphavanh has instructed authorities in charge to continue with the vaccination of target groups and to offer the vaccine to all other citizens, so that the target could be reached or even exceeded. The premier made the call in a statement issued on ...
Vietnam to boost transport infrastructure on Mekong Delta
The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Cần Thơ branch of the Vietnam Chamber of Commerce and Industry has said. The Trung Lương – Mỹ Thuận Expressway, for example, is expected to ...
Laos gets rail boost from China
NEWS flow on the construction of the China-Laos railway is giving confidence that the mega infrastructure will be on track for completion in December next year, and Laos will reap vast economic benefits from the project. Last month, the Laos-China Railway Company announced that the boring ...
HO WAH FOON
Public debt of Laos set to increase due to pandemic effect
The public debt of Laos may increase to as much as 65 to 68 per cent of GDP in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the Covid-19 (coronavirus) pandemic, according to a government official. Revenue collection ...
Poverty rate in Laos down to 18.3 per cent
Poverty in Laos continues to decline to 18.3 per cent, as infrastructure accessibility has improved, particularly road electricity, clean water and sanitation access, according to data from the Lao Consumption and Expenditure Survey in 2018-2019. Consumption and expenditure of households in Laos have significantly increased, particularly ...