News

The Lao State Fuel Company signed an agreement here on 1 Nov, with GAIA Petro Co., Ltd of the Republic of Korea to launch a biofuel production project in Laos worth US$20 million. The biofuel production project aims to produce 500,000 litres of biogasoline daily.It ...

Last month, Cambodia, Laos, and Vietnam carried out the first-ever iteration of a joint rescue drill between them, an exercise that was years in the works. Though the interaction was just one of many developments within the ties between these three mainland Southeast Asian countries, ...

A Memorandum of Understanding for a six-month feasibility study for clean energy comprehensive project in three northern provinces of Phongsaly, Luang Namtha and Oudomxay was signed in Vientiane last week between Deputy Minister of Planning and Investment Mrs Phonevanh Outhavong and president of CGN Energy ...

Laos’ public debt could climb to nearly 95% of GDP by the end of 2022, making it one of the most heavily indebted and mostly likely to default nations in Asia, according to World Bank estimates published this month.Significantly, the World Bank’s already dire debt ...

Money exchange units that represent commercial banks are now prohibited from selling foreign currency, according to the Bank of the Lao PDR. Became effective on October 11, the ban supports the government’s attempts to give commercial banks a greater role in the purchase and sale ...

Digital transformation is not an option but is a must for the Lao tourism sector next year due to the expected surge in the number of tourists from China.This was the main message of a meeting held in Vientiane on Wednesday to discuss a pilot ...

The Minister of Public Works and Transport of Laos, Mr. Viengsavath Siphandone, met with Thailand’s Minister of Transport, Mr. Saksayam Chidchob, and his team last week to discuss the project’s development. This was after Thailand’s Department of Rail Transport provided an update on the progress ...

Ministry of Energy has issued a notice suspending the operations of a foreign mining company in Oudomxay due to recurring safety issues. The notice states that Lao-Xinlong Mining Company has had its operations in Pak Bang District suspended due to repeated accidents affecting lives and property.Lao ...

Floods in Xekong province caused by tropical storm Noru have left one person dead, while thousands of people in the south have been affected by widespread flooding after heavy rain lashed the area from September 27-30.Some 28 villages in Xekong province were inundated, while electricity ...

The Ministry of Information, Culture and Tourism is considering partnering with Booknea Inc., an online Lao travel agency, to foster the growth of tourism by advertising services through the Booknea app. “Using this app, we will publish, advertise and circulate information about the travel industry ...