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Laos: Inflation rate closes in on two digits

The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze on consumers with more to be paid for food, fuel […]

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Govt announces full reopening of Laos starting May 9

The government has announced that all international border crossings will reopen, so that Lao and foreign nationals, well as stateless people, can enter and exit Laos freely. The Prime Minister’s Office on Saturday (May 7) issued a notice declaring that borders would reopen. The reopening of Laos and the lifting of restrictions under Notice No. […]

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Laos to Seek Oil From Russia

A notice issued by the Prime Minister’s Office yesterday directed relevant ministries to seek cheap oil from Russia. The notice was in response to proposals by the Ministry of Finance and the Ministry of Industry and Commerce on ways to stabilize domestic fuel prices. According to the notice, the Prime Minister’s Office agrees with a suggestion to […]

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CLV set to revitalise tourism

A joint meeting to revitalise the tourism sectors in Cambodia, Laos and Vietnam (CLV) was held on May 4, said Tourism Development and International Cooperation director-general Thong Rathasak. He said the working group on Implementing the Tourism Development Plan for the Development Triangle Region (2020-2025) and Vision 2030 with Vietnam and Laos, wants to promote […]

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