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The Bank of Laos has cut its base interest rate by 0.5 percentage points in an effort to ease financial burdens on households and businesses while supporting economic recovery amid both domestic and global headwinds....
Donald Trump's new tariff policy is creating economic problems worldwide. Countries face high import taxes unless they agree to new trade deals with the US. Experts say everyone will lose, including US consumers. Some nations are negotiating, but still face higher tariffs. Lawsuits are challenging Trump's authority. US businesses and consumers will likely pay more for goods....
US President Donald Trump's revised global tariff plan unveiled Thursday hit Laos and Myanmar hard with a 40% import duty — the second-highest rate in the world behind only Syria at 41%....
"As bilateral freight traffic is growing, work is underway to expand maritime container shipping from Laos to Vladivostok via Vietnamese ports," the Russian leader noted...
"This year marks 30 years since the Treaty on Amity was signed, while next year we will celebrate 65 years since diplomatic relations were established," the Russian president noted...