News

Laos remains on the United Nation’s (UN) list of least developed nations. The government wants the country to graduate from this list. To try to achieve this, it has borrowed money from abroad to fund infrastructure projects. The government’s policy is risking short-term prosperity for ...

The U.S. Treasury Department has slapped sanctions on a gambling empire hacked from the Laotian jungle which it said was involved in drug, human and wildlife trafficking and child prostitution. []The sanctions aim to destabilize the narcotics trade in the Mekong area at a time of ...

Despite official pledges to halt the trade, smugglers in Cambodia and Laos are finding ways to illegally ship timber to neighboring Vietnam. The precious hardwood is often used in furniture factories that ship their products largely to China. []Located west of the Mekong River and covering ...

Vietnam-based co-working space chain Toong has announced a partnership with real estate developer BIM to jointly develop a co-working space in Laos. BIM group will be in charge of developing the property while Toong will be its operator, which will involve consulting, developing and managing ...

Owners of garment factories and other businesses in Laos are rejecting a proposal to raise the minimum wage by as much as one-third, saying the increase in expenses would force them to shut down operations, despite reports of workers seeking opportunities elsewhere due to low ...

Cambodia will soon host a meeting with Laos and Myanmar to discuss ways of protecting workers in Thailand. Cambodia’s National Committee for Anti-Human Trafficking yesterday met to prepare for the meeting with Laos and Myanmar. Keep reading ...

Vietnamese conglomerates have been expanding business by stepping up investments in neighboring markets. However, the path has not been a bed of roses. Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the ...

The Government of Germany has supported the implementation of two joint projects between Cambodia and Laos and between Cambodia and Thailand, on natural resources management in the Mekong River Basin. According to the Mekong River Commission (MRC), the projects aim to better manage natural resources and ...

Vietnam’s outward foreign direct investment (OFDI) is expected to continue to increase rapidly in Laos, Cambodia and Myanmar. Vietnam’s OFDI has been increasing in recent years with 930 projects licensed, mostly in the fields of industry, agriculture, telecommunication and finance & banking. Forty percent are developed ...

Laos and Myanmar are mulling an electricity agreement to empower Laos’ development needs, local daily Vientiane Times quoted a senior Lao official as saying on Tuesday. Keep reading ...