The Bank of the Lao PDR has issued a Decision on the regulation of foreign currency, which requires foreign investors to open specific bank accounts in Laos to process their financial transactions.
President: Laos to create independent ownership of economy, finance
President: Laos to create independent ownership of economy, finance. Secretary General of the Lao People’s Revolutionary Party Central Committee and President, Thongloun Sisouli …
Railway turns Laos from landlocked to land-linked
VIENTIANE: China and Laos are collaborating to facilitate quicker cross-border customs clearance between the two countries to enhance railway transportation efficiency, said a diplomat of the Lao …
Laos’ special economic zones attract over US$520mil investment in 2023
A total of 178 companies have invested in Special Economic Zones (SEZs) across Laos, with a total investment of more than US$520 million and a registered capital of more than US$178 million.
Vietnam and Laos agree on major cooperation orientations for 2024
Vietnam and Laos agreed on major orientations to bolster their partnership in 2024, during the 46th meeting of the Vietnam-Laos Intergovernmental Committee for Bilateral Cooperation that was held in …
Laos government targets lower inflation rates in 2024; aims to hit 9% target in 2024
Despite the country’s persistent efforts to curb inflation, Laos experienced an average inflation rate of 31.2 per cent throughout 2023. But the central bank and the Lao government are committed to …
Laos government targets lower inflation rates in 2024; aims to hit 9% target in 2024
Despite the country’s persistent efforts to curb inflation, Laos experienced an average inflation rate of 31.2 per cent throughout 2023. But the central bank and the Lao government are committed to …
Elephant Bought From Tourist Hot Spot to Be Freed Into 4,500-Acre Sanctuary
“I found Tofu at a horrible tourist riding camp in Laos while investigating another young elephant found stuck in chains for years,” Aaron Jackson, president of Planting Peace, a humanitarian …
Velo Web3+ Ecosystem and PTL Holding Co. Ltd: A strategic collaboration for Laos’s digital economic renaissance
In a groundbreaking move, Velo Web3+ Ecosystem (including subsidiaries) has officially entered into a transformative collaboration with PTL Holding Co. Ltd, aiming to combine Velo’s digital finance pr …
Inflation in Laos remains high in December despite numerous govt’s attempts to control it
The inflation rate in Laos averaged 31.2 per cent for the whole of 2023 despite the government’s many attempts to lower the cost of goods and services to single-digit figures.