lao02
Read More

Global fuel price hike affecting oil supply in Laos

The spiralling cost of fuel on the global market is having an effect in Laos, where some oil refineries are hoarding fuel with the intention of making a profit, a senior government official has said. At the same time, Lao businesses are struggling to import sufficient fuel to meet the country’s needs, Minister of Industry […]

Read More
asiaone_default
Read More

Myanmar Announces Direct Border Trade Currency Settlement with Thailand; Plans Similar Non-Dollar Convertibility with India in Near Future

NAY PYI TAW, MM, Mar 15, 2022 – (ACN Newswire) – The Myanmar Government has agreed to accept the Thai baht as an official currency for settling border trade starting this month. Thailand is the second country after China to permit its national currency to be exchangeable with the Myanmar kyat for border trade activities. […]

Read More
lao01
Read More

Laos power plant deals in the pipeline

Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy. Massive investments in these power plants, which will be located in northern Laos, are expected over the next few years. The facilities are […]

Read More