Nam Ou Power, a unit of state-owned Power Construction Corp of China, has sued Laos utility Electricite du Laos in Singapore for $555 million in unpaid dues from a hydropower project it operates, an ...
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Laos Is Turning to Its Neighbors to Loosen China's Economic GripLaos has also experienced rapid currency depreciation, with the kip-the national currency-losing 50 percent of its value against the dollar over the past two years. Inflation has remained high ...
Depreciation of the Lao currency kip is one of the main factors driving inflation, as one-third of the goods used to calculate price rises are imported. In July, the hike in consumer prices was ...
VIENTIANE, Feb. 27 (Xinhua) -- The Lao central bank, the Bank of the Lao PDR (BOL), has introduced new guidelines to improve the management and transparency of foreign currency transactions, as part ...
VIENTIANE, Jan. 31 (Xinhua) -- The Lao central bank, the Bank of the Lao PDR (BOL), is strengthening foreign exchange management to boost the value of the Lao kip and ensure currency stability ...
March 5 - A unit of China's state-owned Power Construction Corp of China has sued Laos utility Electricite du Laos in Singapore claiming $555 million in unpaid dues from a hydropower project, ...
the Bank of the Lao PDR (BOL), has introduced new guidelines to improve the management and transparency of foreign currency transactions, as part of its efforts to strengthen the value of the Lao ...
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