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 is grappling with a severe labor shortage crisis as youths increasingly seek higher wages through employment opportunities abroad. In an effort to retain...
