TIP.H:CATyner Resources Ltd.
VIENTIANE, Oct. 31 (Xinhua) -- Severe flooding in Laos from July to September has heavily impacted the irrigation system, damaging 300 projects in 12 provinces across the country and affecting nearly ...
platform to facilitate foreign currency trading and promote the use of the Lao kip domestically. Inflation in Laos has been in double digits since May 2022, peaking at 41.26 percent in February ...
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 ...
Relieved of the need to keep its currency afloat, the central bank could focus on addressing the country’s worsening foreign debt crisis.
VIENTIANE: Starting next month, all foreign-owned organisations and companies in Laos that normally pay their staff in foreign currency must instead pay the equivalent sum in kip, the Ministry of ...
Traveling to countries where your home currency has a higher value can be an attractive proposition, getting more bang for ...
Laos has faced economic struggles that impact the Kip’s value, including limited exports and a lack of foreign investment, ...
All those 50,000-kip notes spewing out of the machine told a new story about Laos, where an age of bombs has given way to an age of money. Once, here in Xiangkhouang Province, children grew up ...
“In-land transportation costs that Lao exporters have a responsibility to pay up are relatively high at around 15,000,000 kip ($1,500) per shipment in the case of coffee and sugar export ...
Chinese developers are constructing high-rise residential towers across the special economic zone that are geared to Chinese investors, unaffordable to the vast majority of Lao. Warning ...
Australian Ambassador to Laos, Ms Megan Jones (third right), hands over humanitarian relief supplies to Deputy Minister of Labour and Social Welfare, Mr Leepao Yang (third left), at Wattay ...