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...
A weakened local currency (LAK) has caused the cost of living to rise in Laos, as well as affecting businesses amid the Covid-19 pandemic.
According...
Electricite du Laos Transmission Company Limited (EDL-T), the joint venture between China Southern Power Grid (CSG) and Electricite du Laos (EDL), has signed a...
The government of Laos is to upgrade a section of Route No. 13 South between Bolikhamxay and Khammouane provinces.
According to a report by Pasaxon,...
Authorities have set new electricity rates for households, organizations, and businesses this month throughout the country.
According to a notice issued by the Ministry of...
Laos could graduate from Least Developed Country status by 2026, according to a new announcement by the United Nations Committee for Development Policy (CDP).
The...
