Laos faces unprecedented financial difficulties, including US$14.5 billion worth of public and publicly guaranteed debt — around half of which is owed to China. But unlike Sri Lanka, there is no ...
When Phankham Viphavanh, the prime minister of Laos, concluded a cabinet meeting last month, there were more questions than answers over what his government was doing to fix the economy. The national ...
Laos is reportedly expected to earn approximately $190 million in 2022 from bitcoin mining activities in the country. The new revenue source would contribute to the $2.8 billion total domestic revenue ...
Phankham Viphavanh hasn’t had the best of times since becoming prime minister of Laos in March 2021. When he took over, Laos had officially recorded only around 50 cases of COVID-19. By the end of the ...
Event previously known as the Luang Prabang Film Festival. The annual film event in Laos that was for the past 12 years known as the Luang Prabang Film Festival has given up its name in order to go ...
Lao activist Khoukham Keomanivong arrived in Canada on March 11, 2022, seeking asylum almost two months after he was arrested in Bangkok, Thailand, and threatened with deportation. Khoukham is among ...
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic. The Lao government’s pilot project to explore ...
While sectors of the Lao economy are beginning to recover from the slowdown caused by COVID-19, the country faces stiff challenges associated with long-standing macroeconomic imbalances, according to ...
It was May 23, 2022, and the stage was set. U.S. president Joe Biden, Japanese prime minister Fumio Kishida, and Indian prime minister Narendra Modi were on hand, together in-person in Tokyo. Leaders ...
The government reportedly plans on employing the new revenue stream's profits on "priority" programs. Laos is reportedly expected to earn approximately $190 million in 2022 from bitcoin mining ...
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