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...
A 1,000-megawatt solar power project in northern Laos’ Oudomxay Province has reached 60 percent completion and is scheduled to begin operations by the end...
Laos is showing signs of economic improvement in 2025, with a trade surplus, and declining inflation, Prime Minister Sonexay Siphondone shared during the government’s...
Vietnam will begin offering Lao as one of eight foreign languages in its general education curriculum, starting with a pilot program in schools located...
The Lao government has signed a Memorandum of Understanding (MoU) with Phongsavanh Group Co., Ltd. to develop the country’s longest expressway, marking a major...
Laos recorded a strong trade surplus of approximately USD 160 million in March, despite a significant rise in imports, according to newly released figures...
