BANGKOK — COVID-19 has rattled Laos’ debut in selling a U.S. dollar bond in international markets, adding pressure on a country whose “Wild West of dam building” splurge has put it in a precarious repayment situation, especially in regard to China, its leading lender.

In September 2019, during the UN Secretary General’s Climate Action Summit in New York, the Least Developed Countries (LDC) launched their LDC Group Vision for a climate-resilient future through climate-resilient development pathways by 2030 and delivery of net-zero emissions by 2050. One among the three aspects of the vision document is the LDC Renewable Energy […]

Vientiane Capital, Lao PDR, October 15, 2021. GGGI and the Lao National Chamber of Commerce and Industry (LNCCI) have signed a Memorandum of Understanding (MoU) which aims to strengthen collaboration and cooperation of both parties to jointly promote green and climate technology entrepreneurship and innovation in Lao PDR. LNCCI is the apex body in Lao […]

Long lines of motorists queueing for petrol have been snaking through the streets of Vientiane in recent days as Laos struggles with a growing fuel crisis. Some parts of the reclusive communist nation have been suffering shortages for weeks, according to state media, but on Monday (May 9), pumps in the capital began to run […]

Mammoet has recently completed transporting around 50 pieces of cargo from Thailand to the Southeast Asian country of Laos for its key Nam Theun 1 Hydropower Project. This project was awarded to Mammoet by Hansa Meyer and saw both teams jointly execute multiple operations at the same time. Each team displayed their strengths and expertise […]

WHILE 2020 has generally been a fantastic year for glove and healthcare-related stocks, investors who took a chance a year ago on power company Mega First Corp Bhd have not done so badly for themselves. The stock hit a record high of RM7.18 on June 30, more than double its closing price of RM3.50 on July […]

China’s extensive damming of the upper Mekong River has reduced water flows, threatening downstream countries Cambodia and Vietnam with environmental harm and food shortages, said experts in advance of a summit meeting of the multilateral  Mekong-Lancang Cooperation group.

The Mekong River Commission has urged China and lower Mekong countries to share more data on hydropower dam operations. Because water flow in the Mekong River has hit record low levels for a second consecutive year. A report by the commission attributes the low water level to two years of reduced rainfall and the operations of […]

Laos’ energy and mining sector is trying to cut electricity prices so that power is affordable for local residents and businesses. Many consumers in Laos have been complaining about their escalating electricity bills. The tariff is high when compared to neighbouring countries, Minister of Energy and Mines Khammany Inthirath acknowledged at the first quarter meeting […]

Japanese trading house Mitsubishi Corp has invested in a massive wind power plant project in Laos to deliver electricity to Vietnam, in what would be the biggest onshore wind farm in Southeast Asia.