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Phankham Viphavanh succeeds him as prime minister. The country’s reshuffled leadership is entrusted with handling complicated ties with China and Vietnam -- each of which looks to…
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DOI: 10.1108/OXAN-DB260557
ISSN: 2633-304X
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Amid continuing concerns about public spending and debt levels, Laos’s finance ministry in mid-October enacted its largest foreign bond issue yet. An October report by the…
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DOI: 10.1108/OXAN-DB225708
ISSN: 2633-304X
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While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…
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DOI: 10.1108/OXAN-DB270381
ISSN: 2633-304X
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The new link has the potential to boost landlocked Laos’s economy markedly, especially as there are plans for it ultimately to form part of a ‘pan-Asian’ railway. However, there…
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DOI: 10.1108/OXAN-DB265185
ISSN: 2633-304X
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It is relying on China -- a fellow one party, Marxist-Leninist state -- to help ease its woes. Meanwhile, the ruling Lao People’s Revolutionary Party (LPRP) is preparing for its…
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DOI: 10.1108/OXAN-DB257446
ISSN: 2633-304X
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The theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…
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DOI: 10.1108/OXAN-DB284173
ISSN: 2633-304X
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Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…
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DOI: 10.1108/OXAN-DB272363
ISSN: 2633-304X
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According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…
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DOI: 10.1108/OXAN-DB280381
ISSN: 2633-304X
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LAOS: Debt will be key challenge for new leadership
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DOI: 10.1108/OXAN-ES258833
ISSN: 2633-304X
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LAOS: Thongloun will bear a heavy burden