Korean entity tries to offer financial services to more people The Korean Federation of Community Credit Cooperatives (KFCC) announced on April 11 that the outfit had hosted opening events of three …
Laos’ on-year inflation hits record 8.5% in March
The year-on-year inflation rate in Laos surged 8.5 per cent in March, even more than expected, and rose to the highest figure recorded since January 2016. The Covid-19 pandemic, together with volatile …
Explained: How ancient megalithic jars connect Assam with Laos and Indonesia
The jars of Assam were first sighted in 1929 by British civil servants James Philip Mills and John Henry Hutton, who recorded their presence in six sites in Dima Hasao: Derebore (now Hojai Dobongling) …
Laos, Vietnam try for 10-15% uptick in trade this year
Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.
Vietnam helps Laos develop irrigation system
Xieng Vang irrigation project, funded by Vietnam’s non-refundable aid, began in Nongbok district, Khammoune province of Laos on April 7.
Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets
The taxing of non-resident e-commerce and digital players in Laos is part of a continuing trend in ASEAN. Read on to learn more.
Inflation jumps to record high in Laos
The year-on-year inflation rate in Laos surged 8.5 per cent in March, even more than expected, and rose to the highest figure recorded since January 2016.
Investment, stronger agricultural exports drive Laos’ economic growth
Laos’ economy is projected to grow 3.4 percent this year and 3.7 percent in 2023, due to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by …
Laos, VN try for 10-15% uptick in trade this year
Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.
IFC proposes $69m loan to Laos dry port developer
The project has been partially operational since December 2021 and is expected to be fully operational by the second quarter of 2022.