News
Moody's downgrades Laos's rating to Caa2, outlook changed to negative
Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Laos’s issuer rating to Caa2 from B3 and changed the outlook to negative. This concludes the review for downgrade initiated on 19 June 2020. The decision to downgrade the rating to Caa2 reflects Moody’s assessment that ...
Laos gets more funding to mitigate impact of COVID-19 on education
The Global Partnership for Education is allocating a grant of US$7 million via UNICEF to help respond to and mitigate the impacts of the COVID-19 pandemic on children’s education in Laos. According to the UNICEF Laos Office, the grant agreement was signed on Thursday between Deputy ...
Times Reporters
New Mekong dam ignores threats to UNESCO World Heritage city, livelihoods and ecosystems
As US-China tensions turn towards the Mekong River and its dams, the area near Laos’ latest hydropower project on the river is already seeing major controversy around existing dam projects. The Lao government is preparing to start construction on the Luang Prabang Dam, a 1,460-megawatt (MW) project that will be ...
Editorial
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 ...
South East Asia – Tropical Storm Sinlaku Brings Flooding Rains to Vietnam, Laos and Thailand
At least 2 people have died in flash flooding in Vietnam after heavy rainfall brought by Tropical Storm Sinlaku. Meanwhile hundreds of homes have been flooded as the storm dumped heavy rainfall making its way over Laos and Thailand. According to Thailand’s meteorological department, the storm is now expected to move ...
Floodlist News
Lao Farm Worker Beaten, Tied Up, in Dispute at Chinese Banana Plantation
A young Lao worker was beaten, shocked and tied up by his employers at a Chinese banana plantation in northwestern Laos in a dispute over working hours, his relatives said. Lou Xiong’s relatives say he was beaten and shocked by Lao and Chinese employers at a ...
RFA's Lao Service. Translated by Max Avary. Written in English by Paul Eckert.
Laos Builds Road and Workers’ Camp for Luangprabang Dam Ahead of Formal Approval
A Thai dam developer has begun clearing land for a large-scale Mekong River dam near the ancient Lao capital Luang Prabang before signing a hydropower sale pact required for approval, raising concerns from downstream communities already hit hard by Laos’ aggressive damming of the vital ...
RFA’s Lao Service. Translated by Max Avary. Written in English by Eugene Whong.
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 ...
BCPG eager to build Asean's largest wind farm in Laos
SET-listed BCPG Plc, a renewable energy arm of Bangchak Corporation Plc, plans to build Asean’s largest wind farm in Laos to generate revenue from rising demand for electricity. The company announced it will spend US$ 840 million, around 26.8 billion baht, developing the facility, with a ...
YUTHANA PRAIWAN
A broken dam and broken promises: Laos doubles down on hydropower despite risks
Two years ago this week, a dam in southern Laos collapsed, releasing a flood that displaced over 7,000 people and killed at least 71. When a section of the Xe Pian-Xe Namnoy hydropower project broke on July 23, 2018, it sent 500 million cubic meters of ...