LAOS’ ECONOMY is set to remain one of the fastest growing in the region in coming years as long as the global economic recovery remains on track, according to international financial institutions.
Tag: tourism
Tourism plans in Mekong Delta called too ambitious
The Mekong Delta expects 34 million travelers by 2020, but the goal is out of reach if local tourism continues to operate in the traditional way.
Mekong subregion shapes up for tourism influx
Infrastructure and services demand seen rising sharply
Laos: On the Borders of the Empire
Aljazerra investigates in a 25 minute report China’s rising influence in Laos and the potentially disastrous consequences for the local population.
Dam blamed as dolphins vanish
The last remaining Irrawaddy dolphins have stopped coming to a stretch of the Mekong river in Preah Rumkel commune due to the Don Sahong hydropower dam in nearby Laos, locals have warned.
Government urged to work with Cambodia on solutions to water resources
Scientists have urged the Vietnamese government to cooperate with Cambodia and draw up a plan to take full advantage of water resources.
Don Sahong vs Dolphins: How the Dam Is Affecting Local Residents
Dam Chan handed over the food in exchange for riel as she described hearing the loud bangs of dynamite in the distance.
The 55-year-old has farmed and sold food in Preah Rumkel commune her entire life and is concerned about the future of her home now that construction on the nearby Don Sahong Hydropower Dam has started to affect the local wildlife, and subsequently the lives of those residing near the Lao border.
Mekong dam a threat to rare dolphins – and villagers too
THE DON SAHONG hydroelectric dam threatens the last 80 Irrawaddy dolphins in the Mekong River – as well as the livelihoods of the people downstream in Cambodia, who depend heavily on the river’s resources.
The people in Preah Romkel village of Stung Treng province claim their way of life is in danger. The eco-tourism that boosts the local economy will be destroyed if the endangered Irrawaddy dolphins are driven into extinction by the impact of the new Don Sahong Dam on the Laos-Cambodian border.
Laos starts off as Asean chair with ministers’ retreat
Laos kicks off its Asean chairmanship Friday with an agenda-setting foreign ministers’ retreat in Vientiane, its capital on the east bank of the Mekong River.
Analysts say this year could be a coming of age for the “lower-middle income economy”, where poverty continues to be widespread, but which is one of the fastest-growing economies in the region.
Laos last chaired Asean in 2004. Its economy grew by an average of 7 per cent annually in recent years, mostly on the back of its natural resources, a construction boom in Vientiane and rising tourism.
Myeik developer plans two island resorts
Compared with other destinations in Myanmar such as Bagan and Inle Lake, the islands in the Andaman Sea off the southern tip of the country are still underdeveloped, with just a handful of hotels and resorts.
“There are so many beautiful places in this archipelago, but not many resorts or facilities yet to attract tourism,” said U Aung Chain, project director and general manager of Myeik Public Corporation.
The entire area had just five hotels and motels with a total of 196 rooms by the end of 2014, according to the Ministry of Hotels and Tourism.
This may soon change. For the past two years, U Aung Chain’s company has been trying to secure Myanmar Investment Commission (MIC) permission to develop two islands – Saw Mon Hla and Kun Thee, which means “betel nut”.