General

Laos Launches Emergency Measures to Combat Fuel Crisis

Vientiane: The Prime Minister’s latest directive aims to safeguard the national economy and insulate citizens from the rising cost of living and potential fuel shortages. The mandate requires all ministries and state organizations to assume direct acc…

General

Bank of the Lao PDR Cuts Base Rate by 0.5% to 8%

Vientiane: The Bank of the Lao PDR (BOL) has agreed to reduce the base interest rate for the kip currency for the 7-day term by 0.5 percentage points, from 8.5% per annum to 8% per annum, following the 1st Monetary Policy Committee Meeting for 2026.

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