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' mining industry attracted nearly USD 2.5 billion in investments in 2024, surpassing annual targets and showcasing the sector’s critical role in driving economic...
Traditional silk tapestries from Xam Tai district in Houaphanh Province will soon be recognized as official One District One Product (ODOP), aiming to preserve...
In 2024, farmers in four southern districts of Xayaboury Province cultivated nearly 54,000 hectares of cassava, producing approximately 1.56 million tons. With Thailand as...
Traveling between Laos and China is now easier with a QR payment system that enables tourists to make cashless transactions. Chinese visitors can already...
On 12 December, Seno Grilled Chicken was officially recognized by Savannakhet authorities, becoming a new symbol of the central Lao province.
It all started in...