Celebrating The Sales Of 100,000 Improved Cook Stoves In Laos

Celebrating the sales of 100,000 improved cook stoves in Laos

In June 2016, the SWITCH-Asia project Improved Cookstoves (ICS) celebrated the production and sale of 100,000 ICS since the project began in 2013.
The ICS project has contributed to poverty alleviation in Lao PDR through the development of a sustainable consumption and production chain of fuel efficient ICS, which reduces the use of wood and charcoal and lowers ….. Continue reading

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Asia Aviation Capital Poised To Benefit From AirAsia’s Airbus A321neo Order

ASIA AVIATION CAPITAL LIMITED POISED TO BENEFIT FROM AIRASIA’S AIRBUS A321neo ORDER

Asia Aviation Capital Limited stands poised to benefit from parent company AirAsia Berhad’s recent deal for 100 Airbus A321neo aircraft, with 30 percent of the order expected to be allocated to the wholly-owned leasing unit.
The aircraft order, valued at $12.6 billion based on list prices, was announced at Farnborough Airshow last week. It is the first order placed by AirAsia Berhad for the …. Continue reading

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President Demands Harsh Penalties For Lack Of Discipline

President Demands Harsh Penalties For Lack Of Discipline

Party Chief and President Bounnhang Vorachit has instructed the top anti-corruption body to appropriately punish those officials found violating the regulations in a bid to stamp out malpractice and lax discipline.
The president also endorsed the creation of measures that would enable members of the public to participate in inspection work ….. Continue reading

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Laos In Need Of Massive Capital Injection To Drive Economic Growth

Laos In Need Of Massive Capital Injection To Drive Economic Growth

Economists warn that Laos will need to take a proactive approach to attract foreign direct investment if the country is to sustain economic growth of 7.5 percent annually over the next five years.
According to a recent government report, Laos will need about 223 trillion kip (US$27 billion), equal to 30 percent of Gross Domestic Product (GDP), over the period …. Continue reading

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ASEAN Split On How to Deal With China In South China Sea Row

ASEAN Split On How to Deal With China In South China Sea Row

Southeast Asia’s main grouping opened a meeting of their foreign ministers Sunday, deeply divided on how to deal with China’s territorial expansion in the South China Sea that has impacted some of its members and whipped up an increasing diplomatic quagmire.
Laos is hosting the gathering of the 10-nation Association of Southeast Asian Nations, which traditionally ends with a joint statement. But the sticking point is whether to include a reference to the …. Continue reading

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Seven Injured In UXO-Related Accidents This Year

Seven injured in UXO-related accidents this year

Seven people have been injured in UXO-related accidents so far this year, according to a report from the National Regulatory Authority (NRA) for UXO/Mine Action in the Lao PDR.
NRA Deputy Director Mr Bounpheng Sisawath said that from January 1 to July 19 there had been three UXO-related accidents in which seven people sustained injuries but no …. Continue reading

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