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...
Residents and merchants in Vientiane Capital have urged the government to intervene and address the rising cost of living.
A weakening local currency (LAK) has...
The Lao government will provide over LAK 465 billion in compensation to those who have been affected by the Laos-China railway project.
According to a...
Phonhong Railway Station was announced complete by constructors of the Laos-China Railway on Friday.
The station is located in Phonhong, some 70 kilometers north of...
Luang Prabang Station along the Laos-China railway is scheduled to be completed next month.
The station's roof has been completed under the "three vertical lines,...
Vientiane Capital authorities are to upgrade nine roads alongside other infrastructure in the capital this year.
According to a report by Lao National Radio, nines...
The Lao kip has continued its depreciation against foreign currencies, affecting the cost of living amid the Covid-19 pandemic.
In recent months, a mismatch...
