Lao kip

Faced with a debt crisis and various other economic problems, Laos saw its inflation jumping to 30.1 per cent year-on-year in August from 25.6...

Inflation in Laos increased to 25.6 per cent year-on-year in July from 23.6 per cent in June, according to the latest report from the...

The central bank of Laos has plans to ban the country’s residents from holding foreign currencies amid spiraling inflation and the rapid depreciation of...

Facing a toxic combination of high external debt, dwindling cash reserves, surging inflation and a nosediving currency, the small Southeast Asian nation of Laos...

All businesses and factories in Laos are required to increase the minimum wage from 900,000 kip (some $108) to 1.1 million kip ($133) a...

Authorities in Laos have launched a pilot programme to track the source of timber from sawmills and wood-processing plants after Lao Prime Minister Thongsing...

Rising inflation in Laos is undermining the country's attraction as a low-cost manufacturing base, a report said on March 20 , although investment figures...

Laos'  ministry of finance has vowed that it will strive to make regular salary payments to state employees, starting from January 2014, the Vientiane...

Vientiane authorities said on October 25 that the Lao capital owes 237.22 billion kip (around $30 million) to investors who funded 118 projects, mainly...

The World Bank has forecast 8 per cent GDP growth for Laos in 2013, driven mainly by mining and hydropower projects, despite the country's...