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...

China Says Singapore Court Got It Wrong In Laos Treaty Case

New York -- China claimed Friday that Singapore's highest court was wrong to conclude last month that Macanese companies are protected by China’s bilateral...

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

LSX composite index moved up 2.67 points on Friday, finishing at 1,001.40 points. The trading volume was modest with only 1,300 shares traded, worth...

BCEL-KT: Trade Summary (Oct 20, 2016)

Oct. 20, 2016 - All listed stock’s prices were unchanged which caused the LSX index closed stable at 998.73 points with total market turnover...

Food Review: All-American All Star Burgers

On a cool lazy Sunday afternoon in Vientiane, it can be so comfortable at home that stepping out for food is  just not an...

Laos Orders Factory to Stop Recycling Spent Beer Malt Over Pollution Concerns

The Lao government ordered a factory in the capital Vientiane that recycles 80 tons of spent beer malt a day to shut down after...

Analyst: Thai King Death Affects Regional Casino Business

The death, announced on Thursday, of Thailand’s King Bhumibol Adulyadej (pictured) creates “near- and long-term” considerations in relation to the regional casino gaming industry,...