Chinese cargo ships sail on the Mekong river near the Golden Triangle at the border between Laos, Myanmar and Thailand March 1, 2016. The Thai government is backing a plan by China to demolish islets and rocky outcrops on the Mekong River as part of a decade long project to boost shipping navigation from China's Yunnan province to Luang Prabang in Laos.
AUTHORITIES IN charge expect to hold a bidding session next month to sell six BMW 7 Series and five Mercedes-Benz cars previously driven by the country's leaders. Leaders of the government and the Lao People's Revolutionary Party have agreed that they will no longer drive expensive, luxury cars such as BMW and Mercedes-Benz in an attempt to be more frugal.
SEVERAL NATURAL sites in Laos' Oudomxay province are attracting the interest of foreign investors keen to develop new attractions to draw more domestic and overseas visitors, according to a provincial official. Bounkuam Mithmeuangxay, deputy director of the province's Information, Culture and Tourist Department, said local authorities were planning several tourism development projects for this year.
SURVIVAL OF THE Mekong giant catfish is at a critical point, with the species on the brink of extinction in the wild due to development projects along the Mekong River, experts have warned. The Mekong giant catfish is ranked as critically endangered on the Red List of the International Union for Conservation of Nature .
LAO Mines and Energy Minister Khammany Inthilath concedes that foreign investors considering moving their production bases to the country have expressed concerns about the stability of electricity supply. He said power stations had been constructed to manage electricity efficiently and ensure a stable supply of power in the country.
People perform lion dance at the 2017 Happy Chinese New Year fair, Vientiane, Laos, Jan 14, 2017. [Photo/Chinaculture.org] The two-day event attracted some 4,000 visitors and about a hundred government officials and representatives from China and Laos attended the opening ceremony.
THAILAND'S fourth-largest bank, Kasikornbank , is exploring the possibility of acquiring banks in Indonesia, but acknowledges this is a challenging goal due to the Indonesian regulator's rules concerning foreign ownership of local banks. The regulations require foreign banks to buy more than one bank, and that the targets must not be strong institutions.
Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Bounnhang Vorachith of the Lao People's Democratic Republic in reply to His Majesty's congratulatory cable on the occasion of his country's National Day.
ECONOMIC experts have warned that the Mekong-Lancang River navigation-channel improvement project will only benefit China while having serious negative impacts on Thailand and Laos. At a public forum entitled "Criticising the Mekong River's Rapids Removal Project" at Sueb Nakhasathien Foundation yesterday, experts from different fields expressed concern about the plan to make the Mekong navigable for cargo barges of up to 500 tonnes gross.
LAO PRIME Minister Thongloun Sisoulith has urged the business and public sectors in Laos and Thailand to open their hearts to investment and cooperation. He made the comment at the Lao-Thai Business Forum 2017 in Vientiane yesterday, organised by the Lao National Chamber of Commerce and Industry in collaboration with the Thai Embassy to Laos.