The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target.
The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...
The Lao government has announced the establishment of a low-interest business funding program aimed at bolstering the country’s economic self-reliance and addressing ongoing financial...
Laos recorded a total of 457 traffic accidents throughout August, resulting in 51 fatalities and 883 damaged vehicles. Despite fewer accidents compared to July’s...
On 9 September, Luang Namtha Province was hit by heavy flooding due to Typhoon Yagi, causing significant disruption and damage. The floodwaters led to...
The Department of Meteorology and Hydrology has issued a severe weather warning due to anticipated heavy rainfall across northern and central provinces of Laos.
The...
Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun Sisoulith. The visit aimed to strengthen bilateral ties between Indonesia...
Sekong’s Ministry of Home Affairs launched the “Electronic Civil Registration and Vital Statistics” system on 3 September, aiming to enhance the management, use, protection,...
