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 surge in production has seen Laos increase the export value of bananas by 76 percent.
The export value of bananas to neighboring countries, mainly...
Electricity generation will not be sufficient to supply all areas in Laos during times of peak consumption from March to June, according to authorities,...
Laos has increased its electricity exports by 145 percent over the past five years amid a growing number of hydropower plants.
The country expanded electricity...
