News

Harnessing Technology to Manage Flood, Drought Risks in Lower Mekong Basin

Earlier this year the MRC and Korea Development Institute (KDI) launched a joint research project under the 2020-2021 Knowledge Sharing Programme (KSP). The project aims to demonstrate how high-tech solutions can support Cambodia, Lao PDR, Thailand, and Viet Nam minimize the impact of flood and ...

Laotian Times

World Bank highlights opportunities and challenges for Lao economy

The Lao economy is projected to steadily recover in the medium-term, but growth will remain below pre-pandemic levels at 4.5 percent in 2022. The Lao economy is projected to grow at 3.6 percent, down from the 4 percent growth anticipated in March 2021. The main risks ...

Somsack Pongkhao

Housing Complete for Villagers Displaced by Nam Thuen 1 Hydropower Project

The Nam Theun 1 Hydropower Project has handed over new homes to residents who have been affected by the project. Some 88 new homes are now ready to house displaced people and families impacted by the hydropower project in Bolikhamxay Province.The new homes are located ...

Phayboune Thanabouasy

Thanaleng Dry Port, Vientiane Logistics Park to drive Lao economy

The projects is part of the Lao National Logistics Strategy and Laos Logistics Link, which will help transform Laos from being landlocked to a land-linked country setting to launch its soft opening next month. The developer said the project is expected to directly generate a ...

Advertorial Desk

Legal Aid Webpage launched

the Legal Aid Webpage will be used by the Ministry of Justice to provide Lao citizens with information about legal aid services. The public can go to the website, ask questions, and request advice and consultation from the MOJ free of charge. MOJ utilizes legal aid, ...

KPL

Chinese Investors Propose Laos-China-Vietnam Triangle Development

Authorities in Phongsaly Province have approved a feasibility study for the development and construction of a new Special Economic Zone at the borders of Laos, China, and Vietnam. The Chinese firm will survey a total of 250 square kilometers of land, including 100 square kilometers of ...

Phayboune Thanabouasy

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 ...

KPL

The mayor issued a ban on invasion at the national park

The mayor of the capital issued Order No. 031 / dated 18 August 2021 on the protection of the Phu Phanang Phu – Khao Khwai National Protected Area to prevent forest encroachment, eliminate every construction in the protected area, prohibit trade in logging equipment, block ...

Laopattana

China Remains the Largest Foreign Investor in Laos

China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth USD 16 billion. “China also plays a significant role in special economic zone investments, with the Lao government having authorized 89 projects worth over USD 215 million,” Mr. Sonexay Siphandone ...

Phayboune Thanabouasy

Laos Hopes to Pay Off USD 14 Billion Debt by 2025

Minister of Finance, Bounchom Ubonpaseuth spoke at the National Assembly’s ninth legislature recently, saying that the country plans to pay debts (foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million) over the next five years, from 2021-2025, and ...

Latsamy Phonevilay

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