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Laos: Rent relief as some landlords lower monthly room fees

-Many apartment and accommodation owners in the capital are lowering room rental prices for resident workers during the COVID-19 outbreak. The government-ordered temporary closure of factory operations, entertainment venues, restaurants, and many non-essential business activities from April 1-19 will affect the incomes and financial status of many workers from across Laos and beyond. Apartment owner […]

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2020-02-07T032419Z_1747303498_RC2FVE9EM83K_RTRMADP_3_MEKONG-RIVER-DAM
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Laos GDP could slow to 6.1% due to Covid-19: AMRO

LAOS could see its economy grow 6.1 per cent in 2020, with recovery from last year’s natural disasters stymied by the Covid-19 pandemic, a preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO) found. Laos was hit by severe floods in the the second half of the last year, resulting in a lower-than-expected full-year gross domestic […]

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