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...
Whether it is lack of occupancy or damage to property, tourism-related businesses in Luang Prabang have continued to get affected by slash-and-burn practices that...