Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from Value-Added Tax (VAT) as the government looks for ways to ease living costs for low-income households.
The Standing Committee raised the proposal during its monthly meeting on 6-7 August.
According to the NA, the VAT exemption would...
Most countries in Asia and the Pacific are insufficiently prepared to face extreme weather events and natural disasters, which are growing in intensity and...
According to the Ministry of Labour and Social Welfare, more than 2,800 Lao nationals are currently working in South Korea on short-term contracts from...
The country recorded an inflation rate of 39.89% in April, according to the report from the Lao Statistics Bureau (LSB).
Laos' inflation rate decreased...
The top leaders of Laos and Cambodia met on Thursday at the Peace Palace in Phnom Penh to further strengthen “already excellent” bilateral relations.
President...