Laos’ GDP to grow 3.9 percent this year, ADB forecasts. Logistics and tourism services will continue to be the main driver of growth in Laos, with GDP forecast to grow moderatel ...

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 ...

VIENTIANE: The Ministry of Finance has announced the seizure of more than 12.3 billion kip, US$265,919, and more than 24.8 million baht from 50 accounts as part of an ongoing anti-corruption ...

Tightened monetary policies have helped stabilize the Lao kip and inflation, which averaged at 23.1 percent in 2024. Inflation is expected to ease to 13.5 percent in 2025 and 10.4 percent in 2026, ...