by Teuvo Tuomi | Jan 6, 2024 | Cambodia, Laos, Lifestyle, Myanmar
As Thailand’s population gets older, it needs more and more foreign workers from neighboring countries. Thailand has already taken steps to facilitate new laborers. For workers under a memorandum of understanding (MoU) between the Thai government and Laos, Myanmar,...
by Teuvo Tuomi | Dec 29, 2023 | Laos, Economy, Travel
Laos continues faces surging inflation, a scarcity of labor, and an expanding trade deficit. In response, the nation has initiated the Visit Lao Year 2024 campaign, turning to tourism as a key strategy to overcome economic obstacles. The government officially...
by Teuvo Tuomi | Dec 28, 2023 | Laos, Lifestyle, Technology
The popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold. This comprises 2,592 cars and 2,039 motorbikes. But while the world is striving toward a green transition, this surge in EV adoption in Laos is not...
by Teuvo Tuomi | Dec 22, 2023 | Economy, Environment, Laos, News, Technology, Vietnam
Vietnam Electricity (EVN) proposes importing wind power from the Lao People’s Democratic Republic (Lao PDR) to Quang Tri Province. EVN wants the Ministry of Industry and Trade (MoIT) to review the proposal to import electricity from the Truong Son Wind Power Plant,...
by Teuvo Tuomi | Dec 10, 2023 | Laos, China, Economy, News
An alarming debt crisis has unfolded in Laos, raising worries about the nation’s obligations to its biggest creditors like China. A majority of Laos’ public debt, which the IMF estimates is 122% of GDP this year, is owed to China due to infrastructure...
by Teuvo Tuomi | Dec 7, 2023 | Laos, Economy, Thailand, Travel
81% of the 5th Lao-Thai Friendship Bridge Project has already been completed, including 69% of the bridge and 93% of related facilities. The bridge should be operational by the end of 2024. The project started in August 2019, funded by a 1.38 billion (USD 39 million)...
