Laos' economy is expected to continue expanding this year, even as slower growth and inflation present challenges, according to a global financial institution.
In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...
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...
