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Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

Slope Collapse Hits Workers’ Camp at Pak Beng Hydropower Project in Northern Laos, No Casualties Reported

A section of hillside collapsed beneath a workers’ residential camp at the Pak Beng...
Accident

Laos Orders Banks to Block Crypto Purchases on Unlicensed Foreign Platforms

Laos has moved to tighten controls on cryptocurrency purchases through foreign platforms, ordering banks...
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Nam Theun 2 Fund Approves LAK 343 Million for Forest Restoration in Khammouane

The Nam Theun 2 Development Fund approved more than LAK 343 million (USD 15,300)...
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Khammouane Signs USD 1.2 Million Deal to Develop Khounnamphone Nature Tourism Site

Khammouane has signed a concession agreement worth more than USD 1.2 million to develop...
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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...

First Cold-Chain Train Connects Yunnan with Vientiane

China has introduced its first refrigerated freight train service from Yunnan Province to Laos via the Lao-China Railway, marking a significant step in enhancing...
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