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...
The Ministry of Information, Culture, and Tourism (MICT) met with various stakeholders to discuss the possibility of updating tourism laws in Laos.
KPL reports...
The Mekong riverside night market near Chao Anouvong Park in Vientiane Capital will undergo renovations in May.
Despite the ongoing refurbishment work, the night...
Vegetable prices in Laos have increased following Lao New Year celebrations primarily due to the country’s soaring inflation rate.
Lao Economic Daily reports that some...
According to the International Monetary Fund (IMF), China and India together are forecast to generate about half of global growth this year.
Asia and the...
