Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...
A Chinese state-owned company is suing the national power utility of Laos for $555 million in unpaid fees from a hydropower ...
A unit of China's state-owned Power Construction Corp of China (PowerChina) has sued Laos utility Electricite du Laos (EdL) in Singapore claiming $555 million in unpaid dues from a hydropower project, ...
In terms of U.S. dollars Laos' economy is shrinking due to the devaluation of its currency, the kip. However ... Laos for more than 20 years. “The Lao economy is facing serious problems and ...
VIENTIANE (Laotian Times): The Bank of Laos (BOL) and 15 commercial banks signed a Memorandum of Understanding (MOU) with aims to establish a centralised foreign exchange market to stabilise the ...
Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...