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 (Nov 18, 2016)

Trade Summary On the last trading day of the week, Lao Stock Exchange’s index saw unmoved at 982.76 points. Following 56,200 shares traded for the...

BCEL-KT: Trade Summary (Nov 17, 2016)

Trade Summary On Thursday, Lao Securities Exchange’s index reversed previous’ gain by having loss of 982.76 points amid mixed trading. Form the execution of EDL-Gen...

BCEL-KT: Trade Summary (Nov 15, 2016)

Trade Summary On Tuesday, LSX index lowered by 1.64 percent or 16.36 points, weighted by the loss of the energy stock. EDL-Gen saw a big...

BCEL-KT: Trade Summary (Nov 14, 2016)

Trade Summary On Monday, Lao Stock Exchange has improved on last week’s closing; the index has increased slightly by 8.85 points to close at 999.79...

BCEL-KT: Trade Summary (Nov 11, 2016)

Trade Summary At the end of the week, most Lao stocks closed at unchanged prices as the previous session. But the heavy-weight stock, EDL-Gen lost...

Toshiba Wins Equipment Supply Contract for Laos’ Nam Ou 4 Hydropower Plant

Power China Resources Ltd. has awarded a contract to Toshiba Hydro Power (Hangzhou) Co. Ltd. to provide equipment for the 132-MW Nam Ou 4...