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...
Euler Hermes, an Allianz company, has released a brief country economic report on Laos. The following is an excerpt from the report:
ECONOMIC OVERVIEW
Solid growth...
Savannakhet Province is now officially the province with the largest population in Laos, according to a report released by the provincial statistics bureau on...
The Vientiane to Vang Vieng expressway is now to be extended to China, according to a recent announcement by Yunnan Construction Engineering Group.
The first...
A new law will pave the way for fairer and faster compensation payouts for landowners that lose their property to development projects, according to...
Vietnamese businesses have found much success in Laos primarily due to excellent commercial opportunities, market scale and operation quality in the landlocked nation. According to the Ministry of Planning and Investment,...
