News Laos Commodities: A fuel shortage is driving Laos — which is on the brink of a debt default — to seek out cheap Russian oil
The Southeast Asian country of Laos is discussing oil purchases with sanctions-hit Russia, the Nikkei reported, citing local media. It's the latest Asian country after bankrupt Sri Lanka to face ...
News Laos Commodities: ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices
LUANG PRABANG, Laos — Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still pose serious risks, regional financial leaders said Friday. Laos’ Finance Minister Santiphab Phomvihane read out a joint statement following meetings among finance ministers at a hotel in the […]
News Laos Commodities: Rapid trains cut shipping time to capital of Laos
New rapid trains on the China-Laos Railway began operating According to China Railway Kunming Group, it takes only 26 hours for a train to go from Kunming, Yunnan province, to Vientiane, the capital ...
News Laos Commodities: Cross-border freight value over 1 billion yuan on China-Laos Railway
The newly-opened China-Laos Railway has carried over 1 billion yuan (about 157.4 million U.S. dollars) worth of international freight, announced Kunming Customs in southwest China's Yunnan Province.
News Laos Commodities: Declining coffee production in Laos needs urgent attention: association
The Lao Coffee Association (LCA) is worried about a steep decline in domestic coffee production and a gradual increase in prices of the commodity. The volume of production is continually decreasing, ...
