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Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

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...

Laos Gives Unlicensed Beauty Clinics Until November to Obtain Permits Amid Weak Oversight Concerns

The Ministry of Health has ordered unlicensed medical and beauty facilities across Laos to...

Sekong Warns of Dam Water Releases as Heavy Rain Raises Flood Risk

Authorities in Sekong have warned residents living downstream of the Houay Lamphanh Lower Hydropower...

Japanese Arrivals to Laos Jump 36 Percent Amid Renewed Tokyo Tourism Push

Laos welcomed 23,133 Japanese tourists in the first six months of 2026, a 36...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Vietnam, Laos Strengthen Military Ties During High-Level Visit

A high-ranking Vietnamese delegation visited Laos from 26-28 August with the objective of fortifying military relations and enhancing bilateral security cooperation. The visit was...

Inflation Rate in Laos Sees Slight Dip in August

Laos experienced a slight dip in its inflation rate in August, which stood at 24.3 percent, down from July’s 26.1 percent. Despite the slower...

Bank of Laos Increases Interest Rates Amid Economic Challenges

The Bank of Laos (BOL) has announced a hike in interest rates to tackle rising inflation. After a recent Monetary Policy Committee meeting, the...

European Union Inaugurates First Youth Sounding Board for EU in ASEAN

Today, Sujiro Seam, Ambassador of the European Union (EU) to ASEAN officially inaugurates 11 youth representatives from ASEAN Member States and Timor-Leste as the...

Laos, Vietnam to Introduce Kip-Dong Cross-Border Payment System

Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the...

Labdork Badminton Academy Triumphs at 23rd Beerlao Championship

The 23rd Beerlao Badminton Championship concluded in Vientiane on 25 August, with the Labdok Badminton Academy emerging victorious once again. The Academy clinched five...