Laos News
The Emperor House Co Ltd, the Thai builder of luxury homes, has teamed up with Laotian conglomerate the Insee Group to tap the luxury self-built home market in Laos, expecting to sell two houses worth almost 120 million baht this year. Suratchai Kuenghakit, managing director of The Emperor House, said Laos’ economic potential is strong, […]
Continue ReadingWhile SMEs are crying over the blanket Bt300 wage, fierce competition in some industries and the scarcity of skilled workers is pushing the daily pay of some above Bt500. For the past eight years, Narong Jampatho, 30, a tile layer, has never found difficulty in finding someone willing to pay him Bt700 per day, allowing […]
Continue ReadingThe developing Southeast Asian region has never been so attractive to investors. From the opening of Myanmar, to hydropower in Laos or the rise of Indonesia, compelling cases exist for pouring money into the region. But where there are opportunities, there are also risks and uncertainties, particularly in developing countries. Billions of dollars can go […]
Continue ReadingShanghai Wanfeng Group, the closely held developer of shopping malls in China, reached agreement with the Lao government in December 2011 to develop 365 hectares (2,281 rai; 900 acres) around That Luang Lake into a commercial, residential and tourist complex. Construction began Sunday, according to the Chinese official news agency Xinhua and the company’s website.
Continue ReadingThe Ministry of Transport has announced a plan to construct a bridge between Beungkan province and Laos, in an effort to boost trade and logistics between Thailand and its neighbor. Following a meeting between representatives from the government and private sector, Deputy Permanent Secretary of Transport, Sornsak Sansombat, said a plan to increase bilateral trade, […]
Continue ReadingIn the coming years, the global energy trend will drastically change from the present state, with far-reaching consequences for economic development and global trade. As an energy-dependent country, Thailand will have to live with the new reality of high and volatile energy prices. The new global energy landscape is being redrawn, with the US becoming […]
Continue ReadingDec 14 is the deadline for issuing temporary passports to migrant workers from neighbouring Cambodia, Laos and Myanmar as part of the nationality verification process. From tomorrow, all illegal workers face being deported to their home countries, ending a two-decade regularisation process that has generally failed to ensure national, human and economic security. Phumin Harinsut, […]
Continue ReadingLaos, Myanmar have surplus of megawatts Thailand expects to buy 20,000 megawatts more of electricity from Laos and Myanmar combined as part of the country’s bid to diversify energy sources by reducing dependence on natural gas in power generation. Energy Minister Pongsak Raktapongpaisal said electricity supplies from Laos and Myanmar are mostly from hydroelectric […]
Continue ReadingLaos, Myanmar have surplus of megawatts Thailand expects to buy 20,000 megawatts more of electricity from Laos and Myanmar combined as part of the country’s bid to diversify energy sources by reducing dependence on natural gas in power generation. Energy Minister Pongsak Raktapongpaisal said electricity supplies from Laos and Myanmar are mostly from hydroelectric […]
Continue ReadingThe message was conveyed to Prime Minister Yingluck Shinawatra by visiting Chinese premier Wen Jiabao during a meeting at Government House yesterday, Damrong Kraikruan, chief of the Foreign Ministry’s East Asia Department said. China has sent a proposal to the government for consideration. Mr Wen reiterated his country’s plan to join international firms in bidding […]
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