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...
In response to the surge in tourism, Laos is ramping up efforts to ensure tour guides are well-equipped, as many currently lack adequate training.
Deputy...
Laos is facing significant economic challenges as its national currency continues to depreciate against foreign currencies, notably the US dollar and the Thai baht....
Many households in Vientiane Capital are currently grappling with water supply-related issues, including outages and low pressure. The problem stems from technical difficulties with...
Thai authorities detained a 34-year-old Lao woman on 4 May, suspecting her involvement in a criminal gang, purportedly comprising several police officers, accused of...
