Latest Laos News
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Crane error blacks out one third of Vietnam
HANOI (AFP) - Over a third of Vietnam as well as the capital of neighbouring Cambodia suffered a blackout this week after a crane operator knocked a tree onto a key power line, electricity officials said Thursday.Twenty-two of Vietnam's southern provinces -- out of a nationwide total of 63 -- lost power for a few hours on Wednesday afternoon including the southern commercial centre of Ho ...
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Laos official praises Sultan bin Shakhboot for development of continuing popularity of chess
WAM ABU DHABI, May 23rd, 2013 -- Khamana Anthirat, Laotian Deputy Minister of Energy and Mineral Resources, and President of that nation's Chess Federation, has praised the efforts of Sheikh Sultan bin Khalifa bin Shakhboot Al Nahyan, President of the Asian Chess Federation, in the deployment and development of the game in Asia in general, and Laos in particular. This came during a ...
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SE Asia Stocks-Fall on Fed China data jitters Spore Thailand hit 2-wk low
BANGKOK, May 23 (Reuters) - Southeast Asian stocks fell on Thursday, with Singapore marking its worst week since November 2012 and Thai stocks at their lowest close in more than two weeks, as worries over the future of U.S. monetary stimulus and weak Chinese data dented global sentiment. Singapore, Thailand and Malaysia saw weakness in large caps such as Singapore Telecommunications Ltd, Siam ...
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Nixon library hosts 40th reunion for Vietnam POWs
In 2007, I had the privilege of becoming the first director of the Richard Nixon Presidential Library and Museum. My job was to move Nixon’s presidential materials from the Washington, D.C. area, where they had been kept as federal property because of the Watergate investigation, to California, where Nixon’s friends and supporters had built a private library in 1990. My job involved ...
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Decades later Vietnam vets to get their welcome home
Allen County Councilman Kevin Howell announces plans to raise money for a Vietnam veterans parade. He is joined by, from left, Wayne Township Trustee Rick Stevenson and veterans Bennie Edwards and Jim ...
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Italian on the run nabbed in Thailand
An Italian who is suspcted to have defrauded millions of dollars from Italian financial institutions and other crimes, has been arrested by police in Thailand. Media reports said today Stefano Raccaqni, 38, (pictured) was arrested on Tuesday in Chiang Mai, 600 kilometres north of Bangkok, on a request from Italy via Interpol. He faces charges of defrauding Italian banks and finance companies ...
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Vietnam index falls on regional declines banks lead losses
HANOI, May 23 (Reuters) - Vietnam's benchmark stock index ended down 0.8 percent as foreign and domestic investors sold banking and property stocks after losses in overseas markers in Japan and China, traders said. Exchange-traded funds sold shares in the two sectors, including Hanoi-based Vietcombank, Vietnam's third-largest partly private bank, after Japan's market lost more than ...
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Mun Kyong Dok Meets Delegation of Vientiane City of Laos
Pyongyang, May 22 (KCNA) -- Mun Kyong Dok, secretary of the Central Committee of the Workers' Party of Korea and chief secretary of the Pyongyang City Committee of the WPK, met and had a talk with the delegation of Vientiane City of Laos led by Soukanh Mahalath, secretary of the Central Committee of the Lao People's Revolutionary Party, secretary of the Vientiane City Party Committee ...
Laos Digest
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Laos looking ahead
The new stock exchange in Laos may be a sign of changes to come in our otherwise centrally-run economy.
Laos is one of the poorest countries in South East Asia, but as the globally economy recovers and commodity prices pick up, the country looks set for a future of relatively strong growth, if not widespread prosperity, and this has been exemplified in the government’s recent decision to open a stock exchange in the country, which it is hoped will bring much-needed capital flowing into the country to fund investment projects in industry and infrastructure, catalysts for further growth in the economy. Read more
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