With huge power production capacity from hydropower projects, Laos is well-placed to mine cryptocurrency, coming at a time when China has cracked down on crypto mining due to its volatility and connection with criminal activity.
Category: Laos
Republic of Korea provides US$9 million for rural development
In particular, the project aims to create rural income generation, improve infrastructure, strengthen the capacity of communities and officials, and increase agricultural knowledge to guarantee food security in the Southern provinces, the KOICA Office in Laos stated.
China-backed gold mine in Laos pollutes local river, killing fish
“The company says that it’s aware of the villagers’ complaints and has been trying to solve these problems. And as for the running water, the company has plans to fix this in the near future,”
Registration open for 11th MRC regional stakeholder forum on proposed Mekong dam
The 11th MRC RSF aims to provide a unique opportunity for stakeholders to exchange views on responsible hydropower development and management, on the first day. On the second day, it will share the latest information on the 684-megawatt Sanakham dam that the Lao Government has proposed to build on the mainstream of the Mekong River,
Thailand seeks connection with Laos-China railway
Despite the fact that progress on the China-Thailand high-speed railway project has slowed, it is possible that an economic analysis plan will take precedence in the construction of the project to link Thailand’s Nong Khai Province with Vientiane Capital, Laos, through the Laos-China railway.
Laos makes Asia’s largest ever drug bust
Officers intercepted a truck carrying 55 million methamphetamine tablets and more than 1.5 tonnes of crystal meth, the UN’s crime agency said. he discovery came after police stopped a truck carrying beer crates in Bokeo, which borders Thailand and Myanmar. The area – known as the Golden Triangle – has a long history of being a major drug-producing hotspot.
Chinese developer provokes ire in Laos with 100-meter Buddha statue
Laotians have taken umbrage at those plans because the Buddha statue will be built in the Mahayana style in the sprawling $5 billion That Luang Marsh special economic zone, funded by the Chinese property developer.
Lao workers quit Chinese banana plantation in droves over restrictions and hazards
More than 500 workers have quit their jobs at a Chinese-run banana plantation in central Laos over onerous coronavirus restrictions, late pay, and exposure to hazardous chemicals.
Laos accelerates cattle production for export
The move comes as the government realises the strong potential for stepping up cattle production for export, particularly when the $5.9 billion railway becomes operational in December.
As first Chinese high-speed train reaches Laos, villagers demand overdue compensation
The first bullet train to serve the Laos-China high-speed railway was delivered to the Lao capital Vientiane at the weekend, but six weeks before the line is set to open, villagers who lost land to the project say they are still waiting for promised compensation.