Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining sector, aiming to increase its contribution to 25 percent of the country’s gross domestic product (GDP) by 2030 while ensuring sustainable development and financial stability.
Speaking at the annual energy and mining sector meeting on 31...
Laos has been ranked as the 42nd most vulnerable country to climate change.
This is due to the country’s proneness to climate-related hazards. Laos' susceptibility to...
The Lao government has announced that it will issue domestic bonds in LAK (kip) - instead of foreign currencies - with a two-pronged objective aimed at...
The Lao Government is in the process of preparing documents, measures and regulatory and legal frameworks necessary to register government bonds on the Lao stock market...
Lao people are paying some of the highest prices for rice in the region despite the country being a significant rice producer, according to the recently released World Bank...
A World Bank report released last week reports that "informal" financial services continue to play an important role in the lending sector in Laos despite the fervent growth of legal...
In a surprise revelation, Prime Minister Sisoulith told the members of the National Assembly last week that despite the government's enormous efforts, Laos will not...