News
ADB, Microsoft, govt expand economic opportunities for youth
The Asian Development Bank, Microsoft and the Ministry of Education and Sports have signed a Letter of Intent to collaborate and develop a technology platform to provide Lao youth with access to online technical and vocational training resources and employment services. The document was signed ...
Myanma railways to offer compensation for circular line upgrade affected
Compensation is on the agenda for Myanma Railways, as planned up- grades to the Yangon circular railway gather steam. Myanma Railways general manager U Htun Aung Thin told The Myanmar Times there would be negotiation and compensation for those affected by the project. “We held ...
Japanese aid package funding three JICA projects
Three projects funded by part of a recently announced US$7.7 billion Japanese aid package are under way, according to the Japanese International Cooperation Institute. Japanese Prime Minister Shinzo Abe announced earlier this month that his country would provide 800 billion yen in aid, loans and ...
Germany to help VN deal with wastewater
The Germany-Việt Nam Water Forum held on November 9 in HCM City discussed ways the two countries could cooperate in water, wastewater and urban resilience projects. “For economic, social and ecological reasons, it is imperative that we enhance resource efficiency. Interlinked and intelligent infrastructure for water supply ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...
US funds construction of Lao-American Nutrition Institute
The United States government has provided US$3.7 million or about 30 billion kip for the construction of the Lao-American Nutrition Institute in Dongphosy village, Hadxaifong district, Vientiane. A groundbreaking ceremony for the Lao-American Nutrition Institute took place in Dongphosy village on November 2, attended by Minister ...
ACIAR extends support to forestry sector
The Australian Centre for International Agriculture Research is ready to continue assisting people’s tree plantings in northern Luang Prabang province and will also extend support to the wood processing sector in Laos. The extension in support comes after the ACIAR project achieved success in the ...
Luxembourg, Swiss govts lend support to tourism, hospitality sector
The Luxembourg and Swiss governments will provide funding totaling 15 million euros or over 133 billion kip for skills development in the tourism and hospitality sector. A launching ceremony for the Skills for Tourism project took place in Vientiane on November 1, presided over by ...
