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 Lao government is to reduce and defer the payment of tax, customs, and other administrative fees during the coronavirus outbreak.
Deputy Prime Minister Dr....
The Ministry of Health has stated that Laos is to import face masks from neighboring countries, including Vietnam, China, and Thailand amid a national...
Laos continues to import agricultural produce because local production is not enough to meet domestic consumption, according to Lao authorities.
The local production has increased,...
Chinese buyers are paying less for Lao agricultural products amid sluggish trading activities in the wake of the new coronavirus (COVID-19) outbreak.
Border trading in...
