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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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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...
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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...
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Vietcombank Proposes Plan For New Lao Subsidiary

Hanoi - Vietcombank plans to set up a 100 per cent owned subsidiary bank in Laos. The Joint Stock Commercial Bank for Foreign Trade of Việt...

Seat Quotas Increased for Bangkok-Vientiane Route

Thai airlines will soon be allowed to operate more flights to Vientiane, Laos, according to the Thai-Lao accord approved by the Cabinet on Tuesday. The...

Company Wins Appeal Against Laos Government

A Macau-based company has won its appeal against the Laos government in a case before the Appeal Court in Singapore. Sanum Investments had tried...

Amari Makes Triple Entry into Laos

Thailand’s Onyx Hospitality Group has signed a landmark agreement that will lead to the launch of its first properties in Laos. The deal with Tang...

Thai Franchisee of The Face Shop to Open Laos Store

THE THAI franchisee of The Face Shop, a well-known South Korean beauty-store chain, is set to open its first overseas store in a joint...

China-Laos Investment Pact Applies In Casino Tiff, Court Says

New York  -- An investor from the Chinese territory of Macau that sued the Laotian government for effectively stealing its casino had its arbitration...
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