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The weakness of the Lao currency, the kip, and high inflation are eroding purchasing power and pushing up costs for businesses, while the labor supply is shrinking as workers shift toward ...
Traveling to countries where your home currency has a higher value can be an attractive proposition, getting more bang for ...
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 ...
While the Lao economy has improved slightly in 2024, macroeconomic instability continues to constrict growth. Most sectors show some signs of growth, but a weak kip and high inflation are eroding ...
Party Secretary General Thongloun Sisoulith (pic) has called for strong action to address the country’s economic problems, ...
The session’s participants reached consensus on their assessment that Laos has faced numerous challenges ... and a stronger kip. This progress is bolstered by the active implementation of ...
Laos has faced economic struggles that impact the Kip’s value, including limited exports and a lack of foreign investment, ...
The total value of the products exhibited was estimated at more than 9 billion kip. The Deputy Director of Lao Pipe Industrial Technology Sole Co., Ltd., Ms Souchinda Sengphet, said the company ...
4. Lao or Laotian Kip (LAK) 1 INR = 260 LAK The Lao or Laotian Kip is not a devalued currency but one that has had a low rate since its introduction in 1952. Over the years, the currency’s value ...
Rupee Falls To New Low Of Rs 83.95 Against US Dollar Rupee Opens At Record Low Against US Dollar Amid Recession, Geopolitical Concerns Indian Rupee Nosedives To Hit Record Low Against US Dollar ...
Indonesië heeft vijf nationale gerechten, Janneke Vreugdenhil kookt een klassieker: rendang van rundvlees, met kardemom uit ...