05/13/2022 07:58
The Lao National Chamber of Commerce and Industry (LNCCI) has put forward a number of possible solutions to address the fluctuation in currency exchange rates, which has resulted in the ongoing fuel shortage.
03/28/2022 08:26
The Lao kip has continued to depreciate over the past week against the US dollar and the Thai baht, propelled by a supply-demand mismatch.
03/23/2022 08:17
Laos' overall balance of payments situation is negative despite a trade surplus of $1.32 billion in 2021 because foreign exchange inflows represent only 26.45 per cent of the total export value.
01/24/2022 07:48
Local publicly listed Acleda Bank Plc plans to expand cross-border payment services to two more ASEAN countries – Laos and Vietnam – following apparent success in Thailand.
10/12/2021 07:46
Laos hopes to issue its own digital currency in the near future as part of cooperation with a Japanese financial technology (fintech) start-up, reports Laotian Times.
09/15/2021 09:21
Bank of the Lao PDR (BoL) is set to tackle the difference in currency exchange rates between banks and money-changing outlets through the registration of exchange units, bringing them under the authority of commercial banks.