With a vision toward an independent and self-reliant economy, Laos is aiming to achieve a surplus by 2025, said Sonexay ...

VIENTIANE: The Lao business sector has contributed 55 billion Lao kip (some US$2.5 million) to support the government's ...

What is your sentiment on USD/LAK?

Natural disasters affected 217168 people in Laos in 2024 with damage totaling over 6 trillion kip some 279 million US dollars In 2024 Laos exp ...

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 ...

Thai patrol intercepts a major drug smuggling operation on the Mekong River, seizing 1,080,000 meth pills. The suspects ...

Relieved of the need to keep its currency afloat, the central bank could focus on addressing the country’s worsening foreign debt crisis.

Vietnam and Laos have launched a new framework for settling payments in their local currencies and a cross-border QR code ...

The Lao business sector has contributed 55 billion Lao kip some 25 million US dollars to support the government efforts to improve the quantity a ...