-
Laos Targets 6 Percent Economic Growth in 2026 Amid Reforms, Election Preparations
15 Jan 2026 03:56 GMT
… strengthen the Lao kip, and expand the use of local currency in regional … is Phase I of the Laos–Vietnam railway, a 147- … linking Thakhek district to the Laos–Vietnam border in Khammouane … transmission. Reflecting this push, Laos inaugurated a 1,000-megawatt …
-
Rising Gold Prices Add to Household Costs in Laos
24 Dec 2025 07:05 GMT
… currency pressures pushed costs higher at gold shops nationwide.
In Laos … investors, the impact in Laos has been felt mainly … alongside continued depreciation of the kip.
Housing, electricity, and … that fluctuations in the kip and rising inflation frequently …
-
Cambodia, Laos launch 2nd phase of cross-border QR code payments
19 Dec 2025 10:28 GMT
… 19 (Xinhua) -- Cambodia and Laos on Friday launched the second … Cambodia by using their own currency.
Chea Serey, governor of the … , and people of Cambodia and Laos.
"It supports economic ties … in Cambodia, can pay in Lao kip for buying goods by scanning …
-
Is the Economic Crisis in Laos Coming to an End?
04 Dec 2025 11:16 GMT
… last ten years, Laos has accumulated substantial liabilities … reserves to backstop the currency, the result was capital … kip has stabilized and inflation is dropping. Currency depreciation has made Laos … reserves to backstop the currency, the result was capital …
-
Germany and EU Donate IT Equipment to NUOL Faculty of Forest Science
14 Jan 2026 08:34 GMT
… amounts to 1.15 billion Lao Kip and is expected to benefit …
-
Laos Targets 20% of GDP in State Revenue Collection for 2026
11 Nov 2025 13:07 GMT
… the foreign currency management system, encourage the use of the Lao kip in … domestic transactions, and develop mechanisms for local currency payments … alternative energy projects, including the Laos–China 500 kV transmission line …
-
Laos Imports Over 6 Billion Litres of Fuel Between 2021 and 2024
11 Nov 2025 13:07 GMT
… the depreciation of the kip drove fuel costs sharply … recent appreciation of the kip has also contributed to … rates and easing foreign currency shortages. This stability has … debt repayments.
Currently, Laos’ foreign currency reserves are sufficient to …
-
Unitel Donates 1.2 Billion Kip to Support 12th National Party Congress
12 Jan 2026 05:29 GMT
… contribution of 1.2 billion Lao Kip to support the preparations and … contribution of 1.2 billion Lao Kip to support the preparations and …
-
A guide to Laos, one of Southeast Asia's less-traveled nations
19 Sep 2025 10:45 GMT
… do I need for Laos?
In Laos, having cash on you … and few between.
Since the Lao kip is quite unstable and highly … paid in kip. Most banks will change foreign currency into kip for the … I need insurance for Laos?
Yes. Since Laos’ health infrastructure is poor …
-
Laos Launches Historic Gold Festival as Nation Eyes Asian Precious Metals Dominance
11 Sep 2025 08:45 GMT
… growing international recognition of Laos' precious metals potential … stated.
Currency Stabilisation Ambitions
Beyond commercial objectives … stabilization goals for the Lao kip.
"Drawing … and mined across Laos, providing substantial foundation …