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 Executive Board of the International Monetary Fund (IMF) recently gave a favorable analysis of the Lao economy:
Lao P.D.R.’s economy continues to perform well, supported by a...
China has slapped inspection measures upon banana exports from Laos, hindering what was a booming trade.
While Laos is still the second largest exporter of...
The Laos-China Railway project rushes forward as residents get ready for the tremendous changes this new connectivity will bring to their homes. People residing within the parameters of...
The inflation rate in Laos remains low, despite a rising cost of living, according to the Lao National Statistics Bureau.
The bureau announced recently that...
On the 21st of February, a procurement agreement was signed for the US $92-million expansion of Chi Nai Mo Water Supply Plant in Vientiane Capital.
The...