On 3 April, the Bank of Laos (BOL) made a new announcement, mandating that transfers between foreign currency deposit account holders will incur a fee of 0.3 percent, with charges ranging from USD 1 to USD 30 per transaction. This new regulation is set to become effective on 5...
The Mongolian government has agreed to provide 1,000 sheep to the Lao People's Army battalion in Xieng Khouang Province.
A meeting was held between Mongolian...
Euler Hermes, an Allianz company, has released a brief country economic report on Laos. The following is an excerpt from the report:
ECONOMIC OVERVIEW
Solid growth...
Savannakhet Province is now officially the province with the largest population in Laos, according to a report released by the provincial statistics bureau on...
The Vientiane to Vang Vieng expressway is now to be extended to China, according to a recent announcement by Yunnan Construction Engineering Group.
The first...
A new law will pave the way for fairer and faster compensation payouts for landowners that lose their property to development projects, according to...