- JMEV GSE car launched for sale in Laos
More foreign automobile producers and companies are joining hands with Lao entrepreneurs to sell electric vehicles in Laos after the government gave the green light for investments and development of the sector..... More >>>
- Farmers produce more goods under clean agriculture project
The Clean Agriculture Development Project has encouraged more farmers to produce clean agricultural products for market supply..... More >>>
- Luang Prabang hospitality businesses eye more visitors
Hospitality-related businesses in Luang Prabang are confident that more tourists will visit the UNESCO world heritage town in the coming months, with most hotels and guesthouses seeing a high number of bookings since the end of Buddhist Lent..... More >>>
- Commerce ministry raises food prices in Vientiane markets
In addition to the rising price of fuel, the Ministry of Industry and Commerce has made changes to food prices, including all types of meat, rice, fish and eggs, and cooking gas, in the four inner districts of Vientiane..... More >>>
- That Luang Festival to preserve traditions while boosting post-Covid economic recovery
Vientiane authorities are inviting businesses from China, Thailand and Vietnam to take part in the trade fair, which will take place on November 4-8 on the sidelines of the annual That Luang Festival..... More >>>
- Australian livestock sector eyes investments in Laos
A delegation representing the Australian livestock sector is visiting Laos during October 20-21 to explore trade and investment opportunities, including the expansion of beef production and cooperation in agriculture. .... More >>>

- Funds raised in capital market driving Lao economy
The Lao Securities Exchange (LSX) is recognised as one of the alternative platforms for investments among enterprises that aim to raise funds in the capital market. .... More >>>
- Transport ministry announces increase in land transportation fares
People using bus services linking Vientiane to other provinces will have to pay more following a revision of transportation fares that .... More >>>

- Handicraft group celebrates 25th anniversary, providing opportunities for entrepreneurs and artisans
The 21st Lao Handicraft Festival, which is taking place in Vientiane from October 15-23, brings together entrepreneurs, artisans and members of the business community from around the country to exhibit and sell their products. .... More >>>
- Rocketing currency exchange rates cause suffering for vehicle buyers
People who bought a car or other items under a down payment agreement, paying in US dollars or Thai baht, are struggling to keep up with subsequent payments due to the high value of these currencies versus the weak kip..... More >>>
- BOL places new banknotes in circulation
The Bank of the Lao PDR (BOL), the central bank, last week announced that it has printed new editions of the 10,000 and 20,000 kip banknotes, which will be put into circulation this month..... More >>>
- Rise in construction prices challenge for house owners
The prices of all types of construction materials have sharply increased compared to the same period of last year, especially the rates of cement sold at wholesale and retail shops in Vientiane and other provinces..... More >>>
- Laos recorded trade deficit of US$233 million in September
Two-way trade by Laos during September was worth more than US$1.1 billion, with the trade deficit significantly increasing to US$233 million, according to updated figures from the Ministry of Industry and Commerce (MoIC)..... More >>>
- Govt allocates almost 300 bn kip for MSMEs for 2020-21
The government-backed SMEs Promotion Fund has allocated nearly 300 billion kip to micro, small and medium-sized enterprises (MSMEs) through commercial banks over the past few years. .... More >>>
- First-ever cryptocurrency business kicks off in Laos
The first ever cryptocurrency exchange operator in Laos, bitqik, last week officially launched its business, with more than 20 coins and tokens listed for trade..... More >>>
- Car rental services upset over unfavourable exchange rates, hike in fuel prices
Car rental businesses in Vientiane currently face a decline in customers following unfavourable exchange rates and the rising retail prices of fuel..... More >>>
- Govt to centralise revenue collection, budget use through FinLink
The collection of revenue and disbursement of the budget by the government will be made through a new system, FinLink, while the use of payment applications through different banks will be introduced through LAPNet (Lao QR Pay)..... More >>>
- Lao Airlines eyes increase of passengers on central, southern routes
The central and southern provinces have now became strategic destinations for the Lao Airlines following the recent suspension of flights between .... More >>>
- Govt partners with OCK Group Berhad to establish telecom tower firm in Laos
The Lao government will partner with Malaysia’s OCK Group Berhad to establish a company for developing telecommunications towers across the country. .... More >>>
- Vientiane property market on road to recovery: estate agent  
Land and property sale and rental in some cities, especially in Vientiane, will continue to grow now that the country has fully reopened following the lifting of Covid-19 restrictions and the return of foreign tourists and expats. .... More >>>
- Asean central banks to promote efficiency of regional payments
The central banks of Asean states will promote connectivity, efficiency and security for cross-country payments using QR codes. .... More >>>
- Nam Ou hydro plants provide stable power supply
All seven of the hydropower dams on the Nam Ou river in Luang Prabang and Phongsaly provinces are now operational and have so far generated more than 14.8 billion kWh..... More >>>
- Lao producers promote their brews on Int’l Coffee Day
International Coffee Day allows key stakeholders in the coffee sector and partners to come together and celebrate all those working hard to make the three billion cups of coffee cups that people around the world enjoy every day. .... More >>>
- MSME operators eye greater contribution to community development
A number of micro, small and medium-sized enterprises (MSMEs) in Laos are increasingly contributing to the development of rural communities in line with the government’s policies and business operation practices..... More >>>
- Lao government, development partners validate Financing Strategy for 9th NSEDP
The Lao government and development partners yesterday held consultations on improving the final draft of the Financing Strategy for the 9th National Socio-Economic Development Plan (NSEDP) 2021-25. .... More >>>
- Sabaidee Luang Prabang Festival to generate 2 bn kip, thousands of visitors expected
The Sabaidee Luang Prabang Festival to be held next month is expected to generate a turnover of two billion kip and draw thousands of visitors after the easing of Covid-19-related restrictions. .... More >>>
- Laos records trade deficit of US$166 m in August 
Laos registered a record trade deficit of US$166 million in August, up from US$114 million in July, while two-way trade was valued at US$1.02 billion, excluding the export of electricity..... More >>>
- Lao Airlines eyes increase in international routes
Lao Airlines, the national airline, is seeking to increase its flights to Vietnam following the recent resumption of its operations on international routes, which were suspended over the past three years due to the Covid-19 pandemic..... More >>>
- LSCO further officer Lao stock market education
The Lao Securities Commission Office (LSCO) is continuing its efforts to provide information and education to the public on the domestic stock market and the potential opportunities for investments. .... More >>>

- Economic corridor to boost regional trade, growth through Laos
The Ministry of Public Works and Transport on Wednesday launched a major initiative to improve transport, connectivity, climate resilience and regional trade across the northern part of Laos. .... More >>>
- Lao, Thai companies launch solar power project in Champassak
A solar power project in Champassak province will get under way following the signing of contract by Laos’ Dokchampakham Group and Deseco Energy from Thailand on a partnership in the scheme. .... More >>>
- Laos, China firms to cooperate to remove cattle export barriers
Three Lao and Chinese firms will work together to find solutions to barriers impeding cattle exports to the Chinese market and to develop the beef export industry in Laos. .... More >>>

- Handicraft festival to promote marketing, business skill exchange
The 21st Lao Handicraft Festival 2022 will support the marketing of local products and exchanges between makers of handicrafts for the promotion and development of products.
.... More >>>
- Sabaidee Luang Prabang Festival to boost tourism businesses
The Sabaidee Luang Prabang Festival will be held during October 6-12 as part of efforts to boost businesses in the tourism sector and related supply chains to overcome the impact of the Covid-19 pandemic over the past three years. ... More >>>
- Unitel urged to strengthen bridge in special relationship, economic ties
Vietnam’s Minister of National Defence, General Phan Van Giang, has called on the management and employees of Star Telecom (Unitel) to do more to contribute to socio-economic development. .... More >>>
- Laos launches IMPACT Biz project to boost economic recovery
Laos is working with foreign development partners to promote economy recovery,  including plans and activities to improve business performance and accountability.
In the context of these initiatives, the Ministry of Industry and Commerce, the Lao National Chamber of Commerce and Industry (LNCCI).... More >>>
- Tickets for Laos-China Railway to be issued with names of passengers
People will be required to give their full names while booking tickets for the (LCR) as part of the company’s efforts to tackle the problem of agents or brokers buying tickets and selling them at higher prices..... More >>>
- APG conducts on-site evaluation of Laos’ anti-money laundering measures
The Anti-Money Laundering Intelligence Office (AMLIO) of the Bank of the Lao PDR (BOL) and the Asia Pacific Group on Money Laundering (APG).... More >>>
- Businesswomen attend micro-enterprise and mentoring training course
The government and Plan International have begun micro-enterprise and mentoring training courses in Khammuan and Vientiane provinces and in Vientiane. .... More >>>
- Board leadership programme to boost good management
Board leaders of the business sector, commercial banks and state enterprises listed on the Lao Securities Exchange (LSX) improved their knowledge of good management practices and leadership for the growth of business operations..... More >>>
- WB set to back Vientiane’s agricultural projects
The World Bank (WB) is committed to supporting agricultural and food projects in the capital city of Vientiane and the provinces of Laos to ensure that farmers are able to export their products to foreign markets..... More >>>
- People with low incomes concerned about food expenses due to consumer price hike
People with low incomes across the country are concerned about their growing expenses on food following a steep rise in the prices of agricultural and food products. .... More >>>
- Govt targeting expansion of MSME sector, decreasing non-performing loans
The Small and Medium-sized Enterprise (SMEs) Promotion Fund on Monday launched “Matching Grant”, a new promotional scheme to upgrade technologies and boost innovation..... More >>>
- KOTRA brings new Korean products to Laos
More Korean products are on display at supermarkets and leading cosmetics shops in Vientiane, through collaboration between the Korea Trade-Investment Promotion Agency (KOTRA) Vientiane and top-tier retailers in Laos.... More >>>
- Cassava exporters to use Laos-China Railway
Lao exporters of cassava are looking to send their goods to foreign markets, especially the Chinese market, via the Laos-China Railway in  future to reduce costs..... More >>>
- Commerce ministry aims to build competitive skills on intellectual property
Laos will continue enhancing the capacity of its officials, teachers and students to understand the importance of patent information retrieval..... More >>>
- Laos-China Railway set to tackle ticketing, transportation issues
  Several issues related to the services of the Laos-China Railway were discussed at a workshop held on Wednesday under the Public-Private Consultative Meeting mechanism of the Lao Business Forum (LBF). .... More >>>
- Agriculture demonstration garden to promote SMEs
The agriculture alliance demonstration garden #2 of the Agri-Laos Co., Ltd. in Vientiane will be a model centre for learning and knowledge exchange on agricultural products for students, entrepreneurs and other producers. .... More >>>
- Senior regional finance officials discuss economic development cooperation 
Delegations from Cambodia, Laos, Myanmar, Thailand and Vietnam gathered for the 6th ACMECS Senior Finance Officials’ Meeting (SFOM) in.... More >>>
- Govt creates body to reform Lao Airlines
The government has set up a committee to carry out business reforms in the state-owned Lao Airlines to ensure that the national flag carrier becomes self-sustained in financial management. .... More >>>
- Burapha receives environmental award for successful tree plantations
The Environment Department of the Ministry of Natural Resources and Environment has awarded a Certificate of Environment to the Burapha Agro-Forestry Company in recognition of its outstanding performance in complying with the government’s environmental business operation criteria..... More >>>

- Holly Company creates new jobs in Luang Namtha
The Holly Company, which makes gloves at a factory located in the Boten Special Economic Zone in Luang Namtha province, is providing jobs for local residents. .... More >>>

- Authorities promote clean veggies, fruits at Vientiane markets
The government is aiming to build confidence among consumers of vegetables and fruits sold at markets in Vientiane by launching a series of tests to detect contamination in domestic and imported produce. .... More >>>

- Boten pharmaceutical factory steps up production
The Boten Elemento Pharma factory, which opened last year in the Boten Special Economic Zone in Luang Namtha province, is producing medication for use in the treatment of diabetes, cancer and Covid-19. .... More >>>

- Lao Telecom teams up with EDL for study on business cooperation, bill payments inked
The Lao Telecom group has signed an agreement with the Lao Electricite du Laos (EDL) to conduct a feasibility study on business cooperation and put in place arrangements for paying electricity bills via the M-Money Application. .... More >>>
- Laos’ trade deficit exceeded US$114 million in July
The total two-way trade of Laos in July, excluding electricity exports, was worth US$968 million, including exports valued at US$427 million and imports worth US$541 million.
.... More >>>
- Govt encourages Samsung to invest in manufacturing facility in Laos
The Lao government is encouraging Samsung to invest in the country to set up a manufacturing facility for advanced technology innovations..... More >>>
- Unitel, education and sports sector partner to use ICT for modernisation
The Star Telecom Company (Unitel) and the education and sports sector have agreed on cooperation in using information and communication technology to modernise education and sports in the industry 4.0 era in Laos..... More >>>
- EDL reforms to ensure electricity supply and revenues for economic development
The Electricite du Laos (EDL) is implementing reforms to ensure sufficient domestic electricity supply and revenues from electricity exports to contribute to socio-economic development..... More >>>
- LXML inks agreements with government on archaeological research  
The Lane Xang Minerals Limited (LXML), which owns and operates the Sepon gold and copper mining project, will support the Lao government in conserving all artefacts found and collected at its mine site. .... More >>>
- Company backs economic development initiatives for rural areas
The Burapha Agro-Forestry Co., Ltd. has provided more than 50 million kip to two village groups and four other villages in Meuang Feuang district of Vientiane province to support economic development initiatives. .... More >>>
- Laos-Vietnam Trade Fair to promote business
The Laos-Vietnam Trade Fair to be organised by the Lao Front for National Development (LFND) in Vientiane is aimed at boosting trade, investment and business partnerships between the two nations. .... More >>>
- Officials sharpen skills for preparing proposals to access technical funding  
Officials of the SMEs Promotion Fund are participating in a five-day training course on preparing proposals for accessing funding for projects..... More >>>
- Lao specialty coffee price hits US$37.6 per kg
The price of Lao specialty coffee touched US$37.6 per kg at the “Taste of Laos” auction held on August 2. .... More >>>
- Authorities take action to reduce pork prices
Authorities in Vientiane have announced that pork will be sold at two places at a price lower than the market rates as part of efforts to control high prices and to protect the interests of consumers..... More >>>
- Vientiane SEZ targets increase in revenue collection
Vientiane’s special economic zone (SEZ) witnessed significant investments of more than 170 billion kip from 14 newly registered companies, or 56 percent of the annual target of attracting 25 new companies..... More >>>
- LNCCI promotes business sustainability 
Representatives from Vientiane and various provinces of Laos attended a seminar focused on standards and measures for certification of sustainable businesses. .... More >>>

- LBP authorities to address issues at almsgiving, tourism sites
Authorities in Luang Prabang City of Luang Prabang province are working  with other sectors to tackle several issues highlighted in complaints from foreign visitors, especially the high prices of offerings sold for almsgiving. .... More >>>
- Goods’ prices high despite fall in value of foreign currencies
The prices of food items continue to be high despite a fall in the value of key foreign currencies such as the US dollar and the Thai baht. .... More >>>
- Visitors ask authorities to address problems in tourist sites
Many well-known tourist sites across Laos are welcoming the gradual return of foreign tourists after disruptions during the past two years because of the Covid-19 outbreak.
.... More >>>
- Govt takes further action to protect consumers
The government is attempting to do more to resolve issues around consumer protection and disputes concerning goods and service providers..... More >>>
- Russia, Laos discuss trade and economic cooperation
Senior officials of the Russian and Lao government recently discussed trade and economic cooperation during a recent online meeting..... More >>>
- Govt to improve business regulations to boost trade and investment
The government has told the relevant line agencies to implement the PM’s Orders 02 and 03 to improve the “One Stop Service” and to control the business list for the development of trade and investment in Laos..... More >>>
- Lao MSMEs accessing information for Covid-19 recovery
Some 16,000 owners of micro, small and medium-sized enterprises (MSMEs) accessed reliable information, advice and tools related to .... More >>>
- Japan gives further boost to Lao business operators
A project to boost the capacity of business professionals and networking through the Laos-Japan Human Resource Development Institute (LJI) at the National University of Laos will continue to expand cooperation be-tween business operators as well as investment between Laos and Ja-pan. .... More >>>
- Lao products go on display to mark International MSME Day
Products made by small and medium enterprises in Laos went on display from July 22-24 at the Vientiane Centre to mark International MSME Day and give business operators the opportunity to discuss their experiences. ... More >>>
- Finance fair opens up funding opportunities for Lao MSMEs
The MSME Finance Fair 2022, which took place at the Lao National Chamber of Commerce and Industry (LNCCI) in Vientiane on Friday, aimed to provide micro, small and medium-sized enterprises (MSMEs) with access to more sources of capital..... More >>>
- LNCCI to promote MSMEs in agricultural sector
The Lao National Chamber of Commerce and Industry (LNCCI) is focusing on ways to promote effective investments in sustainable practices in the agricultural sector in Laos, especially for micro, small and medium-sized enterprises (MSMEs)..... More >>>
- LHA boosting Lao sashes amongst top products in woven handicrafts 
The Lao Handicraft Association (LHA) is keen to promote the preservation and use of handicraft products, especially unique locally made apparel, so that people acknowledge the value of these items. .... More >>>
- Lao, Thai business sectors to boost cooperation  in trade, investment, tourism
The business sectors of Oudomxay, Luang Prabang and Xayaboury provinces in northern Laos have inked technical cooperation agreements with their counterparts in Thailand’s Nan province as part of the efforts  to boost economic integration..... More >>>
- Leading Chinese vocational school launches classes in Laos
Shenzhen Polytechnic, a world-class vocational college, and the National University of Laos ran a seminar starting on July 11 titled “The Development of Network Security, Smart City and Internet of Things Technology”..... More >>>
- Lao delegation visits Nan province of Thailand to boost economic cooperation
The private sector of Laos aims to enhance business integration with the Thai business sector, especially in Nan province of Thailand, to explore new opportunities for boosting the growth of trade and industry..... More >>>
- S. Korean firm gives boost to agricultural land management
Laos has the opportunity to improve agricultural land management through the use of spatial information technology and other .... More >>>
- Trade fair to boost post-Covid-19 economic recovery
The fifth Lao Home and Living Fair, being held at Lao-ITECC during July 9-17, is aimed at showcasing Lao-made furniture and building interest .... More >>>
- Cassava a top earner among agricultural products
Laos earned almost US$250 million by exporting cassava during the first six months of the year, making the commodity a top earner among agricultural products. ... More >>>
- Laos, South Korea to begin feasibility study on hydropower production
Laos may be able to produce green hydrogen power through water electrolysis equipment with excess electricity from hydropower plants in the country..... More >>>
- Thai herbal supplement breaks into Lao market
A herbal supplement producer, Pow Miracle Co., Ltd. from Thailand, is looking to expand their market in Laos through a partnership with the Lao advertising agency Bigblue..... More >>>
- Laos registers surplus of US$400 mn in trade with Vietnam
Laos recorded a surplus of more than US$400 million in its two-way trade with Vietnam during the first six months of this year, excluding the figure for electricity trade..... More >>>
- Laos earns over US$40 mn from coffee export in first half of 2022
Laos exported 14.559,89 tonnes of different varieties coffee worth more than US$41.02 million in the first six months of 2022.  .... More >>>
- Laos records trade deficit of US$133 million in June
Laos’ two-way trade in June was worth US$1,000 million, with US$456 million contributed by exports while imports were valued at US$589, leaving a trade deficit of .... More >>>
- Laos-Vietnam trade fair helps boost trade and investment opportunities
A Laos-Vietnam trade fair, held in Xekong province during June 29 to July 3, was aimed at promoting trade and investment cooperation between four central provinces of Vietnam and four southern provinces of Laos. .... More >>>
- Lao, Korean companies ink deal on cable car project
H&B Development Co., Ltd. from the Republic of Korea and Laos’ Multiplex Co., Ltd. on Saturday signed a Memorandum of Understanding (MOU) on the establishment of a joint business venture named STO LAO..... More >>>

- Commerce officials discuss fuel prices amid global price hike
Officials of the Domestic Trade Department under the Ministry of Industry and Commerce held consultations with stakeholders involved in the import, supply and distribution of fuel across Laos as part of efforts to manage the retail prices of fuel..... More >>>
- Job fair provides work opportunities to students
A job fair has been organised in Vientiane by Chinese firms that plan to hire at least 1,000 Lao nationals for a range of positions in different companies... More >>>
- Ministry promotes access to funds for MSMEs in tourism sector
The Ministry of Industry and Commerce has introduced a handbook on ways that micro, small and medium enterprises (MSMEs) in the tourism sector can access finances to ramp up their operations. .... More >>>
- Southern coffee cooperatives face export shortfall
The board of management of the Bolaven Plateau Coffee Producers Cooperative (CPC) said that this year the export of coffee beans to trading partners in European countries has fallen to 30 percent compared to the last season..... More >>>
- Laos, Korea seek business cooperation
The Laos-Korea Friendship Association and the Korea Venture Business Association (Kova) held a meeting in Vientiane last week to seek ways to boost cooperation, especially in the trade, investment and tourism sectors..... More >>>
- DPM instructs new commerce minister to resolve fuel crisis
Deputy Prime Minister Prof. Dr Kikeo Khaykhamphithoune has advised the new Minister of Industry and Commerce, Mr Malaythong Kommasith, to urgently resolve the fuel crisis and regulate the price of goods, amid a developing economic crisis..... More >>>
- Commerce ministry vows to bring prices under control
The Ministry of Industry and Commerce has assured the public that steps are being taken to prevent the overpricing of goods on sale in markets and to closely monitor currency exchange rates on a daily basis..... More >>>
- Govt to close loss-making state enterprises, overhaul those with potential
The government will close the operations of state enterprises that have proved to be ineffective and unproductive, but will restructure those that have the potential to make a profit..... More >>>
- Businesses discusses in-company trainer training
Experts who have undergone courses to train others in their companies met this week to discuss issues such as training concepts, .... More >>>
- Laos earns US$112 mn from exports by SEZs
Laos earned US$112.14 million from products exported by Special Economic Zones (SEZs), or about 25 percent of the annual target for the first six months of the year. .... More >>>
- Laos to benefit from trade solutions at WTO Ministerial Conference 
Laos will be able to trade more easily within the region and with partners around the world amid financial and global crises, thanks to decisions made at the World Trade Organisation’s 12th Ministerial Conference in Geneva, Switzerland. .... More >>>
- Members of microfinance institutions learn about ‘Green Finance’ 
Representatives of financial institutions and development partners of the Lao Access to Finance Fund (LAFF) of the Bank of the Lao PDR (BOL) were provided insights at a seminar on green finance or sustainable funding. .... More >>>
- Govt says 600 petrol stations to provide regular services
At least 600 petrol stations nationwide will be open every day to supply fuel and help overcome the current shortage. This welcome news was announced by the Deputy Minister of Industry and Commerce, Ms Chansouk Sengphachan, at a news conference held in Vientiane on Monday. .... More >>>
- Lao Airlines resumes flights on Luang Prabang-Bangkok route
Lao Airlines has resumed flights from Luang Prabang International Airport to the Thai capital of Bangkok for the first time since operations on international routes were suspended due to the Covid-19 pandemic..... More >>>
- Govt looks to electricity, mining to solve economic woes
The revenue earned from electricity exports and mineral excavation is a key factor in efforts to resolve the nation’s economic and financial woes. .... More >>>
- Govt to focus on promoting domestic production, MSMEs
A total of 185 micro, small and medium-sized enterprises (MSMEs) have been provided 274.01 billion kip by commercial banks out of funds allocated by the government to promote the sector. .... More >>>
- Laos to sell power to Singapore
Laos will soon begin selling electricity to Singapore under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). .... More >>>
- Finance ministry issues notice to facilitate fuel imports
In line with a pledge made in the National Assembly (NA), the government has directed various authorities at international checkpoints to ensure fuel imports speedily reach petrol stations across the country. .... More >>>
- Govt green light for investments in EVs to reduce expenditure
The government will allow investments by domestic and foreign entrepreneurs in the development of electric vehicles (EVs) in Laos to .... More >>>
- NA members demand solutions to fuel shortage, inflation, exchange rates
National Assembly (NA) members have asked the relevant government agencies to tackle rising inflation, currency exchange rates, and the shortage of fuel in order to sustain GDP growth and fulfil the socio-economic development plan. .... More >>>
- Luang Prabang grants 30-year land concession for tapioca factory
Residents of Houayla village of Nan district in Luang Prabang province are set to benefit by supplying cassava or getting jobs at a tapioca factory to be set up in the area. .. More >>>
- Govt to focus on boosting revenue collection
The government intends to achieve a revenue collection target of 31,593 billion kip to comply with figures approved by the National Assembly (NA), according to a report from the Ministry of Finance. .... More >>>
- Govt sets GDP 4.5 percent growth target 
The government has set the target for GDP growth at a minimum of 4.5 percent over the last six months of this year. This will require the value of growth to be 202,622 billion kip, with per capita GDP of 1,756 kip per year, and is an ambitious target given the spiralling inflation rate, unfavourable currency exchange rates, .. More >>>
- BOL announces sale of bills valued at 5 trillion kip
Bills worth 5 trillion kip issued by the Bank of the Lao PDR (BOL) will go on sale at nine assigned banks in Laos, according to an announcement posted on the bank’s website on June 13..... More >>>