News
Laos pushes into crypto as it authorises mining and trading
Laos has authorised the mining and trading of cryptocurrencies, in a policy shift by the debt-laden south-east Asian nation that positions it to profit from the crackdown on digital currency mining in China. Analysts said the move was a logical step for the landlocked, communist-ruled country ...
John Reed
Singapore to trial import of renewable hydropower from Laos in cross-border power trade deal
The Republic will begin trialling the import of renewable hydropower from Laos via Thailand and Malaysia, following an agreement between Keppel Electric and Electricite Du Laos (EDL) announced on Wednesday (Sept 15). The exclusive framework agreement between the two is part of the Lao PDR-Thailand-Malaysia-Singapore Power Integration ...
Goh Yan Han
Laos and China innovate poverty reduction cooperation along Mekong River
Sept. 11 (Xinhua): Along the Mekong River which winds through the mountains in northern and central Laos, the poverty alleviation projects with China aid are solidly advanced there with innovation made. In the steepy mountains and deep valleys of the Mekong River Basin, infrastructure is weak. ...
Laos Pushes Ahead With Large Dam Projects, Despite Uncertainty of Power Purchases
The Lao government is pushing ahead with more hydroelectric dams despite uncertainty about Thailand’s willingness to purchase the electricity they generate, Lao officials and others with knowledge of the situation said. Laos has 78 dams in operation and has signed memorandums of understanding for 246 other ...
Reported and translated by RFA’s Lao Service. Written in English by Roseanne Gerin.
World Bank to Support Land Administration, Titling in Lao PDR
Land holders across Lao PDR, including some of the most vulnerable households, are expected to benefit from improved land administration and titling thanks to a project approved by the World Bank this week. The $31 million Enhancing Systematic Land Registration Project will be run by the government’s Ministry ...
Aiden Glendinning
How Lao PDR Can Connect Health, Environment, and Economic Recovery
To mark the International Day of Clean Air for blue skies, the World Bank is publishing a Country Environmental Analysis for the Lao PDR, analyzing how the country can use its commitment to greener growth to stimulate economic recovery from the current slowdown, and to improve ...
Newsroom
Thanaleng Dry Port, Vientiane Logistics Park to drive Lao economy, PM’s aides told
The Thanaleng Dry Port (TDP) and Vientiane Logistics Park (VLP) will be important drivers of Lao economic development, the project developer has told government aides. The Board of Advisors to Prime Minister Phankham Viphavanh, led by the board’s Chairman, Mr Chanthaboun Lattanavong, on Friday visited the ...
Advertorial Desk
Lao PDR: Economy Recovers then Falters Again under COVID-19
The Lao economy is on course for moderately improved growth in 2021, despite the second wave of COVID-19 denting the promising economic recovery made early in the year. The World Bank’s latest Economic Monitor for Lao PDR — A Path to Recovery — predicts that GDP growth ...
World Bank
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 ...
Trains to arrive next month for trial run of Laos-China railway
The Laos-China railway project will bring in locomotives, electric multiple unit (EMU) trains and other equipment to conduct the first trial run of the railway in October. The plan was presented at the 10th Laos-China Railway Project Steering Committee Meeting held in Vientiane on Wednesday, attended ...
Phomphong Laoin
