Economy

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

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...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Identifies Two New Rare Earth Target Areas Across Four Provinces

Laos has completed field surveys and identified two major potential rare earth target areas...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Housing Complete for Villagers Displaced by Nam Thuen 1 Hydropower Project

The Nam Theun 1 Hydropower Project has handed over new homes to residents who have been affected by the project. Lao National Radio reports that...

Five State Institutions in Laos to Trial Self-Sufficiency Policy

The Government of Laos has agreed to trial a financial self-sufficiency policy among state organizations and institutions. According to a report by KPL, the...

Laos-China Railway to be Green, Low-Carbon Railway

The China Southern Power Grid Company has completed the installation of electricity transmission poles along the Laos-China Railway, saying the railway will be a...

Chinese Investors Propose Laos-China-Vietnam Triangle Development

Authorities in Phongsaly Province have approved a feasibility study for the development and construction of a new Special Economic Zone at the borders of...

Military Sheep Farming Program Continues in Xieng Khouang

A sheep farming program conducted by the Lao military in Xieng Khouang Province is producing well, according to reports by state media. The battalion in...

Public Warned About Electrical Hazards Along Laos-China Railway

Electrical systems and transmission lines are expected to be operational along the Laos-China Railway in the coming days, with the public advised to keep...