Laos deputy PM urges all sectors to strengthen economic ties with China
He stressed the importance of Laos-China cooperation over past years, citing China’s support for Laos to overcome the Covid-19 crisis and debt distress.
Vientiane Times
US$692 million loan secured to finance region’s largest wind farm in Laos
The project is set to generate revenue in foreign currencies to the Lao government, and create jobs for local people during the construction and operation periods.
Party Central Committee vows to battle rising inflation, economic woes
Year-on-year inflation in Laos rose to 30.01 percent in August - the highest recorded in more than two decades.
Thailand, Malaysia plan rail network to connect four Asean countries, China
According to reports, Malaysia has agreed with Thailand’s idea of setting up a joint working panel to discuss a network linking China, Laos, Thailand, Malaysia and Singapore.
Chinese investment in Laos tops US$16 billion
A large chunk of investment money has funded the Laos-China railway, the Vientiane-Vangvieng expressway, the Saysettha Development Zone, among other projects.
Cryptocurrency trade adds millions of dollars to state budget
Eleven of the 13 companies who have added to the government’s budget have carried out transactions in digital currency; 10 have handed over US$4.5 million in copyright fees.
US elevates relationship with Laos to higher level
Visiting deputy secretary of state Wendy Sherman said a number of projects are being taken up