VIENTIANE: The government has instructed businesses and service providers to pay a higher supporting allowance to low-wage ...

S&P GSCI Agriculture & Livestock 3 Month Forward (USD) ER ...

The Lao government has instructed businesses and service providers to pay a higher support allowance to low-wage workers in order to cope with the ris ...

AIF Group’s contribution was finalised on October 1, while Kritttaphong Group’s contribution followed on October 2.

The Lao kip, however, given its close link to the Thai baht, was particularly vulnerable to the exchange rate volatility that rocked the region. Between July 1997 and June 1998, the kip lost 70 ...

The Asian Development Bank (ADB) has projected that Laos will experience a growth rate of 4.0 per cent in 2024, supported by investments in services and clean energy.

From July 2023 to June 2024, the Lao kip depreciated by 14% against the US dollar at official rates and by 29% in the parallel market. The year-on-year inflation rate stood at 26% in June 2024, with ...

The Lao Brewery Co., Ltd. (LBC) has donated bottles of Tigerhead Drinking Water worth more than 1 billion kip to ...

All those 50,000-kip notes spewing out of the machine told a new story about Laos, where an age of bombs has given way to an age of money. Once, here in Xiangkhouang Province, children grew up ...

Laos borrowed billions from President Xi ... plus a currency crisis — the Laotian kip has depreciated to record lows against the U.S. dollar, triggering soaring inflation. It's widely feared ...

VIENTIANE -- The purchasing power of people in Laos is fading rapidly amid soaring ... to buy a lot of things if I spent 10,000 to 20,000 kip (45 cents to 90 cents)," 15-year-old student Ton ...

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