Laos’ reserves had dwindled to $864 million as of June last year, an amount insufficient to meet debt obligations totaling more than $1 billion annually until the end of 2024.
Category: Laos
Preparations for Luang Prabang hydropower plant nearly complete
The 1,460MW Mekong hydropower project is located about 25km from Luang Prabang city and will generate electricity mainly for sale to Thailand and Vietnam when commercial operation begins in 2027.
Mekong’s Four Thousand Islands New Area aiming to draw 15 million visitors per year by 2050
The province is one of the biggest foreign investment projects in Laos and aims to create a green and modern town that is environmentally friendly.
Laos Increases Electricity Costs Despite Producing More Electricity
People complain about having to pay more each year as more dams become operational.
We Finally Know The True Age of The Huge, Mysterious Objects in Laos’ Plain of Jars
Evidence discovered of varied mortuary practices at some of the sites – including primary burial of human skeletons, and also bundled or jarred collections of bones – was also dated by radiocarbon dating, suggesting activity between 9-13th century CE.
Jailed Lao Activist Silenced by Government, but Continues to Inspire
In late 2018 Mouay published a video that slammed the Lao government’s slow and inadequate response to help survivors of Laos’ worst-ever dam disaster, the July 2018 collapse of the Xe Pian-Xe Namnoy Dam in Champassak that destroyed all or parts of 19 villages, killed 71 people and displaced another 14,000 to temporary relocation centers.
Globally threatened species recorded in Lao national park
Some 36 endangered wildlife species, identified by the International Union for Conservation of Nature (IUCN) Red List of Threatened Species, have been recorded in the Nakai-Nam Theun National Park in central Laos.
Rare Chinese swamp cypress found in Nakai-Nam Theun National Park
According to the Nam Theun 2 Power Co., Ltd., this species is known to exist in only three countries – Laos, Vietnam and China – and naturally occurring populations are only known in Laos and Vietnam.
How Laos is overcoming landlockedness and bolstering growth
The country’s rapid growth in exports is more remarkable considering it is the only landlocked country in Southeast Asia.
Illegally Harvested Timber Sold ‘Under Cover’ in Attapeu Province in Laos
Businessmen in Laos’s Attapeu province are selling timber hidden for years in the forest after being harvested illegally, mixing it with other timber allowed by provincial authorities to be sold by local villagers, Lao sources say.