The Lao government began enforcing new rules on the use and handling of banknotes on 20 February, introducing fines for damaging or misusing cash to protect the kip and improve circulation.
Under the decree, individuals who deliberately damage banknotes, such as scattering or stepping on them, or who sell new...
New York -- An investor from the Chinese territory of Macau that sued the Laotian government for effectively stealing its casino had its arbitration...
Electricite du Laos and General Electric have signed a memorandum of understanding to launch joint research and training programs designed to support the development...
More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services.
Foreign investors...