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 1, 2016)

Trade summary Lao stock market marked was quiet day on the final day of the week, index closed up by 0.13 percent or 1.33 points...

BCEL-KT: Trade Summary (Nov 25, 2016)

Trade Summary At the end of the week, LSX closed unchanged at 1,014.43 point. The market generated about 211 million kip form the trading of...

BCEL-KT: Trade Summary (Nov 23, 2016)

Trade Summary After the significant exchange of institutional investors yesterday, today Lao securities exchange trended in modest volume. The index was down by 0.04 %...

BCEL-KT: Trade Summary (Nov 22, 2016)

Trade Summary On Tuesday, Lao Securities Exchange reported tremendous trading volume of 8,924,800 shares, worth more than 44,445 million kip, while the index edged up...

BCEL-KT: Trade Summary (Nov 21, 2016)

Trade Summary On Monday,  Lao Securities Exchange index edged up by 1.66 % to 999.12 points. The total trading volume was 1,900 shares from Electricity...

AirAsia Creates New Link to Laos

AirAsia has expanded its connectivity in Laos with the launch of flights between Kuala Lumpur and Luang Prabang. Marking the first direct link between the...