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...

Feasibility Study Says Laos-Vietnam Railway Doable

Two years ago, Lao, Vietnamese and Korean experts and officials met in the capital of Laos to commence a study on the feasibility of...

Launch of the Nakai Plateau Livestock, Agriculture and Fisheries project

The French Agency for Development (AFD), the Nam Theun 2 Power Company (NTPC), the Khammouane Provincial Government, and the Ministry of Agriculture and Forestry...

Thai Border to Collect Toll from all Foreign Vehicles

Foreign vehicles entering Thailand by way of border will be expected to pay an ‘Asean road toll’ fee that the country plans to implement...

Laos Urban Expansion a Cause For Concern

With Laos being one of the primary countries set on a fast track towards urbanization, experts have raised concerns over the common challenges that...

China Invests in Vientiane-Vang Vieng Expressway

During a two-day visit to Laos by Chinese President Xi Jinping on November 13-14, an agreement was signed by officials from both countries to...

Vietnam to Promote Visit Laos Year 2018

In an effort to promote the newly launched Visit Laos Year 2018, Lao National Radio (LNR) has teamed up with Voice of Vietnam (VOV)'s...