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...
When people think of Laos, they think of a third world country that has been somewhat eclipsed by larger, surrounding nations for centuries.
However, within the...
Officials are in the process of drafting a prime ministerial order on the management of bars, night clubs, entertainment venues that promote the consumption...
