In June 2022, the Statistics Bureau of Laos announced that inflation had risen to a 22-year high of 23.6%. Staple goods have been fast becoming scarce and purchasing power of the country’s population …
Laos economy under the pressure of mounting debts
In June 2022, the Statistics Bureau of Laos announced that inflation had risen to a 22-year high of 23.6%. Staple goods have been fast becoming scarce and purchasing power of the country’s population …
Now Laos trapped in Chinese debt amid economic crisis
Due to Laos’ growing economic crisis, which is causing the government to fall apart, Vientiane is on the verge of defaulting on its debt.
Now Laos trapped in Chinese debt amid economic crisis
Due to Laos’ growing economic crisis, which is causing the government to fall apart, Vientiane is on the verge of defaulting on its debt.
Laos economic crisis intensifies amid Chinese debt
The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default. Laos’ low foreign exchange reserves make experts …
OCK Group expands presence in Laos after deal with government ministry
OCK Group Bhd has inked a shareholder agreement with the Ministry of Finance (MOF) in Laos to expand its presence there.In a statement on Wednesday (Oct 5), the telecommunication network solutions …
Laos govt join hands with Malaysian company to build telecom tower company
The Ministry of Finance (MoF) has signed a shareholder agreement with the engineering services firm to set up a company to build telecommunications towers across Laos.
Budget Travel Tips: A Beginner’s Guide to Cutting Costs
Some of the cheapest countries for stays, food and the odd tourist excursion include countries in Southeast Asia such as Cambodia, Vietnam, Laos and Indonesia … is a publication for all things …
Inflation in Laos hits 22-year high at 34 per cent in September
The year-on-year inflation rate in Laos increased from 30.01 per cent in August to 34 per cent in September, according to an updated report from the Lao Statistics Bureau website.
Inflation in Laos hits 22-year high
Inflation rate in Laos surged from 30.01% in August, 2022, to 34% in September, according to the Lao Statistics Bureau.