Days-long queues for petrol, food and medicine shortages, a debt-laden government running out of foreign currency and citizens desperate to leave the country no this is not Sri Lanka but Laos, the …
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
Since he took the reins last year, the country’s economy has entered a downward economic spiral with no clear end in sight.
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
Since he took the reins last year, the country’s economy has entered a downward economic spiral with no clear end in sight.
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
Since he took the reins last year, the country’s economy has entered a downward economic spiral with no clear end in sight.
Laos to ban public from holding foreign currencies
The Central Bank of Laos plans to ban residents from holding foreign currencies to address problems such as inflation, and the depreciation of the Kip.The Laotian Times yesterday reported that the …
Laos to ban public from holding foreign currencies
The Central Bank of Laos plans to ban residents from holding foreign currencies to address problems such as inflation, and the depreciation of the Kip.The Laotian Times yesterday reported that the …
Laos bans residents from holding foreign currency
The central bank of Laos has plans to ban the country’s residents from holding foreign currencies amid spiraling inflation and the rapid depreciation of the local currency, the kip. The Laotian Times …
Laotian tourists are flocking to Thailand
Crowds of eager Laotian tourists are flocking to Thailand now that Thailand and Laos have eased travel restrictions this month. Deputy government spokeswoman Rachada Dhnadirek said yesterday that the …
Laotian tourists are flocking to Thailand
Crowds of eager Laotian tourists are flocking to Thailand now that Thailand and Laos have eased travel restrictions this month. Deputy government spokeswoman Rachada Dhnadirek said yesterday that the …
Laos economic recovery challenged by debt and rising prices
While the economy is beginning to recover from the effects of Covid-19, Laos faces stiff challenges associated with long-standing macroeconomic imbalances, according to the World Bank’s latest …