Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19 December.
President of Central Region Audit Office No.1, Khammone Bouaphanh revealed that LAK 4.77 billion (about USD 217,000) had not been transferred to the official state...
Target villages in the main beef producing provinces of Xieng Khuang, Luang Prabang, Xayaboury and Savannakhet have received benefits from the ‘Development of a...
Prime Minister Thongloun Sisoulith has urged leading authorities in Phongsaly to pay attention to socio-economic development strategies in enhancing people’s livelihoods after visiting several...
Petrol stations across the country lowered the retail prices of petrol and diesel yesterday after the Ministry of Industry and Commerce issued an announcement...
Even though the Lao kip is strong the currency is not overvalued, according to a leading local economist.
Senior Economist of the National Economic Research...
A new study by the Economic Research Institute for Asean and East Asia has highlighted 2 serious challenges for the nation's industrial development while...