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...
Laos’ inflation rate dropped slightly in February to 12.7 percent, down from 15.5 percent in January, according to data from the National Statistics Bureau.
In...
The Financial Action Task Force (FATF) has added Laos to its grey list due to concerns over financial crime enforcement, while the Philippines successfully...
LS Education is striving to provide students with internationally recognized qualifications and opportunities. To bridge the gap between local education and global standards, LS...
AFP - Four people, including two Chinese nationals, were killed and six injured after a bridge collapsed at an expressway construction site in South...
By Kheuakham Chanlivong and Phontham Visapra
Laos has lifted 31,232 families out of poverty, reaching 89.23 percent of its 2024 target. The progress was shared...