Laos promotes digital economy development

Lao President Thongloun Sisoulith has appointed 22 senior government officials as members of a National Committee on Digital Transformation, in a bid to spur Laos’s social and economic development, Vientiane Times reported.
Laos promotes digital economy development ảnh 1Lao Prime Minister Sonexay Siphandone has been named chairman of National Committee on Digital Transformation.(Photo: Pasaxon)

Vientiane (VNA) -  Lao President Thongloun Sisoulith hasappointed 22 senior government officials as members of a National Committee onDigital Transformation, in a bid to spur Laos’s social and economic development,Vientiane Times reported.

The Prime Minister has been named chairman ofthe committee while the Deputy Prime Minister and Minister of Public Security, theDeputy Prime Minister and Minister of Foreign Affairs, and the Minister ofTechnology and Communications will be vice chairmen, according to a PresidentialDecree signed by the President on June 2.

Top government officials from the relevant sectorswere appointed as members of the committee.

President Thongloun stressed the need for Laos toexpedite digital transformation to bolster socio-economic development at ahigh-level meeting in Vientiane at the end of last year. 

Without digital transformation, the development process will be delayed, hesaid, adding that the country will lose the opportunity to advance its economy as therest of the world is moving towards the Fourth Industrial Revolution.

According to the newspaper, the committee will formulate policies,strategies, plans and mechanisms as well as supervise the implementation ofdigitalisation reform at the central and local levels. Three digital pillarswill be formed – digital economy, government and community - to drive thecountry’s socio-economic development.

To accomplish these objectives, the Lao government is working to fulfill the NationalDigital Economic Development Vision for 2021-2040, the National DigitalEconomic Development Strategy for 2021-2030, and the National Digital EconomicDevelopment Plan for 2021-2025./.

VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.