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...

Climate Change: Taming the Waters in Laos’ Xayaboury Province

Helping farmers in their efforts to adjust to climate change in Laos' Xayaboury Province alongside Lao government partners, The United Nations Development Programme (UNDP) was active back...

Thailand Visa Applicants Beware: Fortnight Wait As Consulate Appointment Bookings Bank Up in VTE

Foreign nationals seeking visas to ever-popular Thailand for residence or travel can expect waits of up to two weeks for appointments for visa application...

Cabinet Strengthens Gov Agencies Leeway To Act on Land Concessions

Land Concessions, giving development and usage rights to various individuals and corporate domestic and international investors, has long been considered one of the critical levers to...

E-Commerce Benefits Require Access, Digital Connectivity At Right Cost in Laos

Barriers such as costs and strength of connectivity, infrastructure, facilitation must be overcome so ongoing development of e-Commerce in Laos can assist more women, small firms,...

Journey From Resource Exploitation To Knowledge Economy A Long, Necessary Road in Laos

OPINION: What are you going to do when you grow up? It's a question relevant to socio-economics as well as people as policymakers discuss "Vision...

Starting A New Business In Laos? Regulated Sector List Worth Perusing

Engaging on a new business venture is serious and potentially stressful business at the best of times, but a new list with information on regulated...