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Nikon Cuts Workforce in Laos and Thailand

Nikon has published a revised financial forecast, releasing its 2020 fiscal year financial results, and announcing it has had to cut ten percent of its workforce in Laos and Thailand. According to the financial report, the company is seeing a 16.6% drop year on year, with operating profit seeing a drop of almost 92% compared to […]

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Lao Government Approves Singaporean Clean Thermal Project

A Singaporean-Lao joint venture has signed a memorandum of understanding with the Lao government for the development of a clean thermal fired power plant in Sekong. Evolution Power Investment Corporation (EPIC) and Khounmixay Bridge and Road Construction and Repair Company (KMX) signed a Memorandum of Understanding with the Government of Laos to conduct a feasibility study […]

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Laos has 3rd Fastest Mobile Internet Speed in ASEAN

Laos ranks third-fastest among ASEAN countries in terms of 4G download speed of mobile internet data and 52nd among 100 global economies. A report released this week by OpenSignal, a British company that measures mobile user experience globally, says Laos’ average 4G download speed is 17.1 Mpbs, faster than other ASEAN countries excepting Singapore and Vietnam. According to […]

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Draft over infrastructure linking Lancang-Mekong countries

Ministry of Post and Telecommunications (MPTC) this week opened discussions for the draft on 2020-2030 cooperation plan Lancang-Mekong countries. The purpose of the dissuasion is to review and comment on the draft concerning the infrastructure linking Lancang-Mekong countries. The Ministry of Post and Telecommunications’ Secretary of State, Khay Khunheng, who chaired the meeting said the […]

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