Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent in July, while average inflation for the first eight months of the year stood at 7.9 percent.
Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...
Laos and Myanmar have signed a five-year Memorandum of Understanding (MOU) aimed at strengthening bilateral cooperation and deepening people-to-people ties between the two nations.
The...
Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to...