Laos debt pressure on rise, owes large sum of foreign debt to China: Experts

Sep 08, 2022

Nong Khai [Thailand], September 8 : The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign...

Future of Laos, its fiscal stability, hinges greatly on China: Expert

Jul 03, 2021

Bangkok [Thailand], July 3 : The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign...

Laos economic crisis intensifies amid Chinese debt

Oct 12, 2022

Vientiane [Laos], October 12 : The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane...

Afghanistan owes USD 1.4 billion in debt to foreign countries amid economic slump

Aug 31, 2022

Kabul [Afghanistan], August 31 : Amid the economic downturn in Afghanistan since the Taliban seized power, the country now owes USD 1.4 billion in...

Laos finds itself in China's 'debt trap': Report

Aug 10, 2022

Vientiane [Laos], August 10 : Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans...

Laos default would give new momentum to China "debt trap" diplomacy

Jul 17, 2022

Vientiane [Laos], July 17 : Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new...