August 13, 2013
New Zealand Governor General, Lieutenant General the Right Honorable Sir Jerry Matepare, his wife and delegation are visiting Laos from August 12 to 14 at the invitation of President Choummaly Sayasone.
A bilateral meeting between the two heads of state and delegations from both sides took place at the President’s Office in Vientiane yesterday afternoon on the arrival of the New Zealand delegation. More…
July 19, 2013
Reposted from the International Business Times
A monk listens to music at a temple in Luang Prabang.
By Sophie Song
Laos, the third poorest country in Southeast Asia after Myanmar and Cambodia, is intent on catching up with its wealthier neighbors as infrastructure develops in the region, facilitating trade with Thailand and China, attracting foreign investment and boosting the country’s tourism industry.
For years, Laos, a landlocked country with a population of 7 million, lagged behind in economic development as its export-driven neighbors benefited from coastlines and their harbors flourished. More…
December 6, 2012
The expansion of the Theun Hinboun Power Plant in Lao PDR
By Brian Langis
Laos is getting pampered in the financial media with favorable investment headlines and perspectives filled with rosy economic data and statistics. It is comforting to read especially when you have been exposed to recent US and EU investment disaster stories. It is very common to see the headline: “Laos the not-so-sleepy-country anymore” or “Laos is finally waking up”. Sound like a very familiar story? Cautious radars might be going off being reminded of other investments in the region that have gone awry, most recently in Vietnam. More…
February 1, 2012
Reposted from www.asianewsnet.net
It is reported that a major steel producer Vientiane Steel Industry Co Limited expects their steel supply in Laos to start increasing in February 2012 after the Chinese and Vietnamese New Year holiday. More…