Latest Laos News
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Proposed high-speed rail network a high investment for Laos
High-speed railway lines connecting Thailand, Laos and China might soon become a reality after the Thai cabinet met with its Lao counterparts in Chiang Mai earlier this ...
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Migrant Workers Face Tough Times in Thailand
- On the outskirts of the northern Thai city of Chiang Mai, a group of twelve migrant families lives in a makeshift camp comprised of houses constructed from scrap ...
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Delegation of Vientiane City Pays Tribute to Statues of Kim Il Sung Kim Jong Il
Pyongyang, May 20 (KCNA) -- A 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 and mayor, visited the statues of President Kim Il Sung and General Secretary Kim Jong Il on Mansu Hill on Monday. The guest laid bunches of flowers before the statues and ...
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Rubber factories in Laos encounter export problem with China
Rubber processing factories in Lao province of Oudomxay are facing unexpected problems because China is not allowing the import of rubber from Laos at the moment, causing large amounts of the material to remain in stock.Sino-Lao Rubber Company Director Oun told the media recently that, after the company had invested in the building of a rubber processing factory, they encountered an export ...
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Laos Thailand agree on future cooperation
Laos and Thailand have agreed to boost their cooperation in various sectors with several agreements signed during their second Joint Cabinet Retreat (JCR) in Chiang Mai on Sunday.The three memorandums of understanding signed during the meeting were on unofficial results of the 2nd JCR, agricultural cooperation, and on ownership, management and maintenance of the 4th Lao-Thai Friendship Bridge ...
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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