SEOUL, Aug. 1 (Korea Bizwire) — Since yesterday, a medical team from South Korea has started to treat victims from the flood that followed the collapse of a hydroelectric plant that was under construction in Laos. The emergency rescue team composed of 20 Korean medical staff started treating children at Attapeu Province in southern Laos. [...]
SEOUL, Jul. 26 (Korea Bizwire) — A dam under construction in Laos by SK Engineering & Construction Co. gave way on July 23, causing dozens of deaths with more than 100 locals still missing, leaving local officials as well as other stakeholders to determine the cause of the collapse as well as the level of [...]
SEOUL, Oct. 24 (Korea Bizwire) — Jeju Air Co., South Korea’s leading budget carrier, said Tuesday it will open the route to the capital of Laos next week as part of its diversification strategy to offset falling demand on Chinese routes. Jeju Air plans to operate flights on the Incheon-Vientiane route starting Oct. 29. With [...]
BUSAN, Sept. 1 (Korea Bizwire) — South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan. The 7th Mekong-Republic of Korea Foreign Ministers’ Meeting adopted a new action plan outlining the long-term vision [...]
SEOUL, June 16 (Korea Bizwire) – Daewoo Engineering & Construction Co. inked an initial agreement with a Laotian partner to win infrastructure projects in the Southeast Asian country, the builder said Friday. On Thursday in Vientiane, Daewoo Engineering signed a memorandum of understanding (MOU) with Petroleum Trading Lao Public Co. (PTL) to build hydroelectric power [...]
SEOUL, June 7 (Korea Bizwire) – North Korean party officials have visited Vietnam and Laos, the North’s state media said Tuesday, apparently as part of the North’s diplomatic effort to break the international sanctions regime. The delegation, led by Choe Thae-bok, a vice chairman of the ruling party’s central committee, arrived in Vientiane on Monday [...]
SEOUL, Dec. 14 (Korea Bizwire) – South Korean Prime Minister Hwang Kyo-Ahn and his Lao counterpart, Thongsing Thammavong, agreed Monday to work closely on a hydropower project in the Southeast Asian country, a South Korean official said. The two sides had planned to sign a deal on the development of Sepon III hydropower plant at [...]
SEOUL, Jan. 30 (Korea Bizwire) — Six years after being designated as a public institution, Korea Exchange (KRX) was finally freed from government regulation that included budget controls and audits, effectively freeing it to move forward with expansion in overseas markets. While it was listed as a public institution, KRX’s business activities were been evaluated on an [...]