Lao morning news for October 25

Lao morning news for October 25

Lao PDR morning newsIn Laos, a World Bank ‘model’ dam and the myth of sustainable hydropower
It wasn’t a flood. It was a tsunami, Premrudee Daorung said of the wall of water that tore through the forests of Laos’ Attapeu province, snapping timber like matchsticks and flattening entire villages.
— Devex

Lao Governor Walks Back Projected Costs For Housing in Flood-Hit Attapeu
The governor of a province in Laos hit by flooding from a dam breach earlier this year has issued conflicting estimates of the projected cost to house displaced persons, giving figures deemed unnecessarily high by another official source and contradicting statements he himself had made earlier in an interview.
— Radio Free Asia

Govt needs over 6 trillion kip for flood recovery
The government estimates it will need at least 6 trillion kip to recover from the damage done by floods around the country this year, with the greatest need being in the transport and agriculture sectors.
— Vientiane Times

Thailand aims to tap new export markets
The ministry aims to push exports to the United States through food diplomacy while also aiming to boost its food and agricultural exports to Cambodia, Laos, Myanmar and Vietnam (CLMV).
— The Nation (annoying pops)

Leaders in their fields
Laos is the only net exporter of power in the Mekong Region and has been nicknamed the “Battery of Asia,” selling power to Thailand, Vietnam, Cambodia and China.
— Business Times (annoying pops)

Cambodia Sees Growing Fintech Industry; Laos Still Lacks Behind
Cambodia’s startup ecosystem is experiencing growth, with tech investment on the rise. By Q2 2018, Cambodia had seen at least 12 tech startup funding announcements, or exactly a 140% increase from at five in the previous year, according to a new report by Mekong Strategic Partners and Raintree Development.
— Fintech News

Xinhua, Lao News Agency sign new agreement for enhanced cooperation
China’s Xinhua News Agency and Lao News Agency, also known as KPL, on Wednesday signed a new agreement on news exchange, to advance bilateral cooperation.
— Xinhuanet

UNDP-ILO Report compares labour migration processes between Lao People’s Democratic Republic and Thailand
Regular labour migration links to more benefits for migrant workers and their families than irregular migration according to a new UNDP/ILO report on migrant work experiences from Lao People’s Democratic Republic to Thailand.
— DevDiscourse

Inspiring Laos takes shape
Lao PDR’s Ministry of Information, Culture, and Tourism and the Mekong Tourism Coordinating Office have launched Inspiring Laos, a new website that promises to inspire more travellers to visit Lao PDR.
— TTR Weekly

Metro Optical and LXT Networks Partner to Deliver Internet Access and SDWAN Services Throughout the Emerging Markets of Thailand, Cambodia, Myanmar, Laos and Vietnam
Metro Optical, a carrier neutral company that specializes in providing cloud, internet and high capacity global data connectivity and LXT Networks, a wholesale specialist providing intra-ASEAN terrestrial connectivity, have today announced a strategic partnership to offer internet access and SDWAN services throughout Thailand, Cambodia, Myanmar, Laos and Vietnam.
— AEC News Today/PR Newswire (media release)

Flower growers see sales bloom (video)
Thamuang village in Hadxaifong district is about two kilometres from the Lao-Thai Friendship Bridge and is easily found as everyone in the neighbourhood knows it.
— Vientiane Times

Laos, Vietnam Cooperate In Drug Control
Eight provinces of Laos and Vietnam met a conference in Thanh Hoa Province, Vietnam on October 18 to consolidate their cooperation in fighting drug crime.
— Lao News Agency

Plastic-free, Climate-friendly: Mekong Boat Race Crew, UN Hit the H20 in Laos
With the full moon finale to Buddhist Lent Wednesday and annual boat racing events Thursday, Laos and its capital’s downtown riverside are alive with festive fever once again.
— The Laotian Times

India aims to cut trade deficit with increase in export of 200 products to China
Seven Participating States- Bangladesh, China, India, Lao PDR, Mongolia, Republic of Korea, and Sri Lanka are the parties to the APTA.
—DB Post

Potassium Gluconate—Lao Bao Gao Market is Growing at a Remarkable CAGR 2018-2025
This report of the Potassium Gluconate—Lao Bao Gao Market has been released by Emainly to bring forth the market trends of the Potassium Gluconate—Lao Bao Gao market.
— Orbit News Cap

 

Feature photo SpaceNews.com

 

This week’s Lao morning news feature photo acknowledges World Day of Audiovisual Heritage, October 27.

Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Lao morning news by AEC News Today is your one stop source for Lao PDR news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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Maria Mirasol Rasonable graduated with a Bachelors Degree in journalism from Polytechnic University of the Philippines, Santa Mesa, Manila, Philippines.

She previously covered police rounds for Philippine Daily Inquirer as a trainee before becoming editorial staff at Gospel Komiks under the Communication Foundation for Asia (CFA-MG), Santa Mesa, Manila where she wrote lifestyle and trending fashion and styles articles.

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