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 (Oct 31, 2016)

Trade Summary On Monday, LSX index stayed unmoved at 995,21 points, As almost LSX-Listed shares were unchanged, However, the market saw around 202,770,000 kip for...

SilkAir Announces Flight to Laos

Singapore Airlines Group is spreading its wings even further. SilkAir, the regional wing of Singapore Airlines, on Monday announced the launch of its inaugural flight...

BCEL-KT: Trade Summary (Oct 28, 2016)

LSX traded positively on Friday, rising 8.18 points to close at 995.21 points, with 6,400 shares traded (about 21.4 million kip in terms of...

BCEL-KT: Trade Summary (Oct 27, 2016)

LSX continued its losing streak, down by 8.18 points to close at 987.03 points with just 8,900 shares traded. The turnover was 43,165,000 kip....

BCEL-KT: Trade Summary (Oct 26, 2016)

LSX reversed Tuesday’s gains, going down 5.38 points to close at 995.21 points on 58,000 shares matched. The turnover was 283.87 million kip today,...

BCEL-KT: Trade Summary (Oct 24, 2016)

LSX lost 9.65 points on Monday to finish at 991.75 points as its heavily-weighted stocks, namely EDL-Gen and BCEL, traded in negative territory. The...