Luang Prabang, Laos’ premier world heritage site, is investing heavily in the development of facilities at visitor attractions alongside a promotional campaign to boost domestic travel and reinvigorate tourism. The switch in focus to domestic tourists is in response to the severe and unprecedented blow to the tourism industry, especially through the absence of foreign […]
Read MoreChina remains the largest foreign investor in Laos, undertaking a total of 785 projects worth USD 12 billion. Special economic zones, industrial parks, and large-scale infrastructure projects make up the largest areas of Chinese investment in Laos. Chinese investors are constructing the Vientiane-Vang Vieng Expressway, expected to open in December this year. The Lao-China Railway, […]
Read MoreTour and hospitality business operators have massively cut the cost of their services and package tours to make prices more affordable and encourage Lao people to take vacations around the country. The special promotions now on offer are targeted at local visitors in a bid to make up for the absence of foreign tourists during […]
Read MoreNEWS flow on the construction of the China-Laos railway is giving confidence that the mega infrastructure will be on track for completion in December next year, and Laos will reap vast economic benefits from the project. Last month, the Laos-China Railway Company announced that the boring of the final tunnel of the 414km rail project […]
Read MoreThe Consumer Price Index (CPI) declined in September compared to the previous month but was still high, creating further hardship for people struggling to rise out of poverty. According to a report from the Lao Statistics Bureau, the CPI stood at 114.97 points in September, resulting in an inflation rate of 4.63 percent, down from […]
Read MoreVietnam is expected to buy more electricity from neighbouring Laos, Cambodia and China to meet its growing energy needs, local media reported last week. From now until 2030, Vietnam may buy 14GW (14,000MW) of electricity from Laos, 3.8GW from China and 4GW from Cambodia, according to the Saigon Times. Vietnam is buying 572MW from Laos and […]
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Thailand
