Laos Troubled by Surging Tourism

Laos Troubled by Surging Tourism

Laos may struggle with the expected surge in Chinese visitors arriving on the Laos-China railway from Kunming, the capital of neighboring Yunnan province in China, President of the Hotel and Restaurant Association Pakasith Chathapaya says. “My concern is that our...
Laos Hit by Record-High Inflation

Laos Hit by Record-High Inflation

The year-on-year inflation in Laos soared to 41.3% in February, up from 40.3% in January, according to the latest report from the Lao Statistics Bureau. The 23-year record high has had a severe impact on the country’s economy over the past year. The depreciation...