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 ...
VIENTIANE (Vientiane Times/Asia News Network): The Bank of the Lao PDR (BOL) has issued a new ... rates amid continuing depreciation of the kip and skyrocketing inflation. Under the BOL Decision ...
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 ...
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 ...
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 ...
Traveling to countries where your home currency has a higher value can be an attractive proposition, getting more bang for ...
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 ...
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 ...
Why take a high-speed train to northern Laos when you can take three days to do pretty much the same trip by boat—never knowing if you’ll actually get there? The post On a Trek to Northern Laos, Just ...
Voordat je vakantie kan beginnen in Laos moet je een visum aanvragen. Dat doe je bij de ambassade in Brussel. Vergeet ook niet om alvast wat euro's in te wisselen voor de Laotiaanse kip. Neem ook een ...