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...

From Seed to Community: How Lao Tobacco Limited Partners with Lao Farmers

Across the provinces of northern and central Laos, Lao Tobacco Limited (LTL) is working on developing rural livelihoods through its LEAF Department, a division...

Laos, Switzerland Strengthen Efforts to Improve Dam Safety

Laos and Switzerland have reaffirmed their commitment to safer hydropower development with the successful convening of the Steering Committee meeting for the Dam Safety...

First Lao Student in Morocco Wins Top University Award

Khanpangna “Eno” Khounsy, a 24-year-old student from Laos, has made history by becoming the first Lao national to receive the prestigious Prix d’Excellence from...

Laos Sets Sights on Becoming Asia’s Gold Trading Powerhouse

Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years. At...

Laos Begins Transition to Underground Power, Communication Cables

Laos has launched a new infrastructure project aimed at relocating internet, communication, and low-voltage electricity cables underground. The move is expected to improve public...

Renovation of Vientiane’s Sithong Road to Be Completed by Year-End

Vientiane’s popular Sithong Road, connecting Route 13 North and ASEAN Road, is undergoing a major upgrade, with construction expected to finish by the end...