In an effort to stabilize the national economy and reduce reliance on foreign currencies, the Bank of Laos and the Lao government are set to implement new regulations aimed at strengthening the value of the Lao kip.
The Foreign Exchange Management Department of the Bank of Laos (BOL) hosted a...
Starting 1 September, the Lao government began collecting a fee of LAK 10,000 (USD 0.46) from all domestic and international tourists, including group tours...
Corruption continues to pose a significant challenge in Laos, with total losses amounting USD 32.1 million in 2024, according to the State Inspection and...
On 29 November, the Lao Ministry of Industry and Commerce issued an official announcement to ensure fair business practices and protect consumers during the...