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...
Luang Prabang has experienced steady economic growth over the past five years, with an average annual growth rate of 6.9 percent.
The province's gross domestic...
Laos has taken another step toward expanding its clean energy sector by signing a USD 1.45 billion agreement with China Western Power Industrial and...
Laos recorded a trade surplus of USD 310 million in February, as the total value of imports and exports (excluding electricity) reached approximately USD...
On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...
