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 Lao government has announced four key strategies aimed at accelerating domestic power generation, to address the country’s ongoing electricity shortage.
Speaking at a National...
Laos has carried out a sweeping government reshuffle, replacing or reassigning nine ministers along with the governor of the central bank.
The move follows a...
On 3 June, seven international and one local company submitted preliminary qualification documents for the Luang Prabang International Airport Improvement and Development Project, a...
A new partnership is set to expand access to education and training for young students across Laos, especially those from ethnic communities.
The Research and...