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...

Ministry: 95% of Households in Laos Connected to Electricity

The Lao Ministry of Energy and Mines reports that ninety-five percent of households across the country are now connected to electricity. In provincial municipalities and...

Traffic Lights in Vientiane Improperly Installed

Vientiane Authorities have admitted that traffic lights at some locations in Vientiane Capital have been improperly installed and are not yet fully operational. According to...

First Station Complete Along Laos-China Railway

The first station along the Laos-China Railway was completed on Wednesday, marking a significant occasion for the railway line. The last concrete casting on top...

Vientiane to Vang Vieng Expressway to Open by December

The Vientiane to Vang Vieng expressway linking the nation’s capital with the resort town of Vang Vieng is expected to be ready for use...

Germany Supplies Scientific Equipment to MRC to Monitor Dam Impacts

The government of Germany has provided equipment for the Mekong River Commission (MRC) to monitor transboundary environmental impacts from two mainstream dams on the...

Tanmixay-Sikeuth Road to be Complete by November

The contractor responsible for the construction of the Tanmixay to Sikeuth Road in Vientiane Capital has confirmed that the upgrade will be complete by...