GMT +07:00
| Video News | |

Category Archives: Feature

Why the Mekong River Commission Matters


Despite its limitations, the body is key to ongoing efforts to save one of the world’s largest and longest rivers.

The Mekong River Commission (MRC) is gearing up for another test of its effectiveness following the announcement of Laos’ plans to construct the Pak Beng hydropower project, the third …

Thai Kasikornbank Eyes Regional Expansion; Plans 2nd Branch in Laos


Thailand’s Kasikornbank Pcl said on Tuesday it plans to open a second branch in Laos and upgrade the status of its local bank in China in 2017 as part of a regional expansion.

With assets of $68 billion, Thailand’s fourth-largest lender by assets is looking to open branches in Vietnam, …

China Is Transforming Southeast Asia Faster Than Ever


China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.

That’s driving some of the world’s fastest economic growth rates and providing Chinese companies with low-cost alternatives as they seek to move capacity out of …

Japan Tech Firms Start Lao PDR Data Center Project


Toyota Tsusho, Internet Initiative Japan, and Mitsubishi UFJ Morgan Stanley Securities announced the start of a joint demonstration project in the Lao PDR.

The firms said the project is aimed at evaluating the effectiveness of greenhouse gas emission reduction effect and energy efficiency using advanced container-type data center technology.

Lao …

LG CNS Sells Electronic Tax System to Lao Government


LG CNS, the IT solutions arm of LG Group and one of the Korea’s leading IT service providers in the e-Government sector, is accelerating its inroads into the overseas market along with visible results.  

LG CNS said on Dec. 6 that it has won a project worth 26 billion …

Intercontinental Set for 2021 Laos Debut


Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade Centre development. The more than 400-room Intercontinental Vientiane will join a retail mall, medical centre, conference centre, office tower and residential towers when it opens.

The …

Changing Mekong Currents Compound Dam Anxieties in Southeast Asia


The government of Laos officially submitted the Pak Beng Dam to the Mekong River Commission in mid-November and has begun preparatory work around the future dam site. While this announcement appears to indicate that the government of Laos and international funders for more than 100 hydropower projects are continuing …

AirAsia Creates New Link to Laos


AirAsia has expanded its connectivity in Laos with the launch of flights between Kuala Lumpur and Luang Prabang.

Marking the first direct link between the two Southeast Asian cities, the new KL service will complement AirAsia’s existing Bangkok-Luang Prabang flights, and the direct services connecting KL and Bangkok with Vientiane.…

Singapore-Laos Avoidance of Double Taxation Agreement Enter Into Force


The new Singapore-Lao People’s Democratic Republic Avoidance of Double Taxation Agreement (DTA) entered into force on 11 November 2016.

The DTA provides clarity on tax matters and eliminates double taxation relating to cross-border transactions between the two countries.

A DTA between Singapore and another jurisdiction serves to prevent double taxation …

Laos is World’s Greenest Country


Among Asian countries, Laos has the highest percentage of forest area at 92.1 percent of the total area of the country. On the other hand, India, Bangladesh, Mongolia and Pakistan are among those with the least forest area.

Bhutan (81.5), Brunei (79.7) and South Korea (63.7) are also among Asian …

Toshiba Wins Equipment Supply Contract for Laos’ Nam Ou 4 Hydropower Plant


Power China Resources Ltd. has awarded a contract to Toshiba Hydro Power (Hangzhou) Co. Ltd. to provide equipment for the 132-MW Nam Ou 4 hydroelectric plant in Laos.

The deal calls for THPC to manufacture and maintain three sets of 44 MW generating units, with delivery expected to begin in …

Thailand Encourages a Dangerous Addiction to Debt in Laos


Laos is back in the Thai baht debt markets again, with issuance from the Republic coming just two months after the country’s government-owned utility EDL-Generation tapped the domestic market of its sovereign neighbour.

The Lao People’s Democratic Republic is looking to raise 11 billion baht, or around US$310 million over

Laos Set to Launch Fifth Bond Issue in Neighbouring Thailand


The Lao People’s Democratic Republic will launch an offering of baht-denominated bonds in the Thai market this week to raise up to 11 billion baht ($314 million) after finding a way to comply with restrictions on the repatriation of proceeds.

The frontier-market sovereign has been keen to raise funds prior …