Laos is heavily indebted to and economically dependent on China. Could Vietnam and Thailand offer a way out of its conundrum?
the Bank of the Lao PDR (BOL), is strengthening foreign exchange management to boost the value of the Lao kip and ensure currency stability, Lao News Agency reported on Friday. To promote this ...
VIENTIANE: 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, Lao News Agency ...
with its currency depreciating and inflation averaging 25 percent over the past three years. The COVID-19 pandemic exacerbated Laos’ economic problems, but their underlying source is well ...