Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...

Nam Ou Power, a unit of state-owned Power Construction Corp of China, has sued Laos utility Electricite du Laos in Singapore for $555 million in unpaid dues from a hydropower project it operates, an ...

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 ...

While the Lao economy has improved slightly in 2024, macroeconomic instability continues to constrict growth. Most sectors show some signs of growth, but a weak kip and high inflation are eroding ...

Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...

A review of an arbitration document shows that Nam Ou Power, part of the state-owned Power Construction Corp of China has sued ...