The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target.
The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...
The government of Laos has announced an increase in fuel prices effective tomorrow following a recent fuel shortage.
According to a notice issued by the Ministry...
The Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and...
The RCEP, the world’s largest free-trade bloc, will officially come into effect in January next year.
The Regional Comprehensive Economic Partnership (RCEP) was signed last...
The government of Laos hopes to earn LAK two trillion in revenue from mining and trading the bitcoin cryptocurrency.
Lao Minister of Finance, Bounchom Ubonpaseuth,...