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 Nam Ngiep Dam northeast of Vientiane Capital has officially come online.
The Nam Ngiep Dam, a hydropower investment by Japan’s Kansai Electric Power Company,...
Cambodia has asked Laos to speed up the transmission of electricity that it purchased earlier this year.
Cambodia’s Electricite du Cambodge (EDC) signed an agreement...
A senior Lao government official has warned that unregistered currency exchange services that violate currency regulations must be punished.
A number of foreign currency exchange...
