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    • Lao Kip (LAK)

Lao Kip (LAK) Newsletter
  • Laos to see moderate growth in 2024: ADB 12 Apr 2024 03:14 GMT

    VIENTIANE, April 12 (Xinhua) -- Laos' economy is expected to … Development Outlook released on Thursday, Laos' gross domestic product (GDP … inflation rate, the weak Lao currency kip, and public debt remain significant …

  • Inflation Rate in Laos Dips Slightly to 24.98 Percent in March 02 Apr 2024 07:27 GMT

    … backdrop of economic challenges, Laos experienced a marginal decline … is the weakened Lao currency, the kip, against major foreign … for imports in Laos. Comparatively, the kip has depreciated by … first quarter of 2024, Laos recorded an overall inflation …

  • Laos Adjusts Passport Issuance Fees, Service Charges in USD, Collected in Lao Kip 23 Feb 2024 14:21 GMT

    The Consular Department under the Ministry of Foreign Affairs of Laos has issued a notice regarding the adjustment of fees and service charges for passport issuance, effective on 4 March, to simplify passport procedures and ensure the sustainability of …

  • How to plan a trip to Laos, from Luang Prabang to Vientiane 20 Mar 2024 19:47 GMT

    … for up to 30 days. Currency Lao Kip (LAK) Conversion as of … = LAK376.27  Get into Laos ARCHITECTURE. Visiting Haw Phra Kaew … direct flights from Manila to Laos. However, the most convenient … morning alms-giving. This Laos Buddhist tradition displays the country …

  • Is Laos a rich or Poor country? 07 Mar 2024 16:45 GMT

    … The devaluation of the Laotian currency, the kip, by half against the … vulnerability to fluctuations in the kip’s value, resulting in …   genuinely ‘developing’ economy.  Is Laos a rich or Poor country … by Kyan Simpson References: Is Laos a rich or Poor country?

  • Inflation in Laos rises to 25.35 pct in February 04 Mar 2024 09:25 GMT

    … 4 (Xinhua) -- Inflation in Laos increased to 25.35 percent … continuing depreciation of the Lao currency kip are among the main factors … a 22.59 percent increase. Laos' inflation dropped from 40 …

  • Laos Inflation Hits 25.35 Percent in February 01 Mar 2024 08:15 GMT

    … , the depreciation of the Lao kip against major currencies, including … ) either in Lao Kip or a convertible foreign currency with a commercial … looking to invest in Laos while ensuring greater transparency … policy to stabilize the kip’s value, aligning with …

  • BOL Mandates Foreign Investors to Open Local Bank Accounts in Kip Currency 22 Feb 2024 13:57 GMT

    … bank account in the Lao Kip currency within 15 days of … ’s online registration website. Laos has had economic challenges, … , depreciation of the national currency, and public debt. In … International Monetary Fund (IMF), Laos’ publicly guaranteed debt was …

  • Foreign investors are now required to have Laos bank account 23 Feb 2024 12:43 GMT

    ShareSharePin ItShare Laos is making it mandatory for … also mandatory to use the Kip currency. The move is a part … to ensure more foreign currency to enter the Laos banking system. This …

  • Lao kip depreciation harms Laos' farmers, authorities say 28 Dec 2023 13:08 GMT

    … continuing depreciation of the Lao currency kip harms the country' … Farmers Network, held in northern Laos' Xieng Khuang province … cultivation of these crops in Laos and tackle inflation. Meanwhile, … in much-needed foreign currency and help reduce high …

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