Business

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 Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

BCEL-KT: Trade Summary (Dec 13, 2016)

Trade Summary LSX was down 9.51 points or 0.94 percent to close at 1,004.54 points on just 6,500 shares or 19,950,000 kip in terms of...

BCEL-KT: Trade Summary (Dec 9, 2016)

Trade Summary While remained unchanged at 1,014.05 points on Monday, LSX had higher trading volume than last Friday with 36,300 shares traded, worth about 183...

BCEL-KT: Trade Summary (Dec 9, 2016)

Trade Summary Lao stock market was a little quiet on the last trading day of this week, even if the index was stable at 1,014.05...

Construction Material Quality Control Centre Slated

Laos and China have agreed to cooperate in the construction sector, aiming to guarantee and improve of quality of construction materials in Laos. An agreement...

Banana Farms Ordered to Stop

Oudomxay province: -- Chinese farms in Laos' provinces have been suspended due to their ongoing use of hazardous chemicals which are having negative impacts...

PM Supports Chamber for Highest Business Role

Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry (NCCI) to serve as the highest...