Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years.
At a high-profile meeting on 02 May, the Lao Bullion Bank (LBB) presented its ambitious strategy to position the country as a regional leader in precious...
American credit rating agency Fitch Ratings has downgraded Laos' status as it believes the country is now more vulnerable to default on financial obligations.
Fitch...
The Director-General of the Laos-China Railway made a statement yesterday admitting the railway system's inefficient management.
Mr. Daochinda Sihalath, Director-General of the Laos-China Railway, acknowledged...
Despite a drop in the value of key foreign currencies, food and imported goods prices still remain high.
Foreign currency values, particularly the US dollar...
The Sithandon special economic zone has began the construction of two major development projects in Four Thousand Islands.
The project plans were finalized on 25...
Social media users across Vientiane Capital began reporting closed petrol stations today as Laos looks to be headed back into fuel shortages.
Many have begun...