Laos
Confidence in dollar undiminished since April, says BIS’s Shin
Institution’s head of monetary and economic policy says no hard evidence of shift from US currency
Laotian central bank raises rates amid high inflation
Inflation in Laos has been above 20% due to weak local currency
Laos and Brunei join Asian cross-border payments initiative
Laotian and Thai central banks also launch new cross-border payments link
China sets up renminbi clearing bank in Laos
New currency clearing arrangement is China’s fifth in South-east Asia
Cambodia and Laos launch cross-border payments link
Travellers from the two countries will be able to shop in their home currencies using QR codes
Laotian central bank launches CBDC pilot
Bank of the Lao PDR working with Japanese government and fintech firm to test CBDC
Banknotes: RBA consults over putting King Charles on currency
Qatar issues World Cup commemorative currency, and Laos brings out upgraded banknotes
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
Laos central bank to partner with Soramitsu on CBDC study
The study is said to begin as early as this month, but a launch of CBDC remains unsure
The Belt and Road Initiative 2020 Survey – A more sustainable road to growth?
The third annual Belt and Road Initiative (BRI) survey reveals that central banks view BRI investment as sustainable compared with other forms of external debt, particularly given it is often proportionally less significant. Despite growing global trade…
PBoC signs currency settlement agreement with Laos
Agreement comes as Chinese authorities push for increased international use of renminbi
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
Top Thai regulator advises Asean neighbours to open markets slowly
Bank of Thailand regulatory policy director warns Laos and Vietnam liberalisation could cripple their banks if conducted too quickly
Laos central bank ignores IMF advice
IMF delegation again recommends increase of reserve requirements for banks; Bank of the Lao PDR says it will not make the change yet
Laos to liberalise cross-border transactions
Laos notifies IMF that it accepts plans to adopt measures that will end restrictions on international payments and transactions
Chiang Mai currency swap deal comes to life
Regional $120 billion currency swap arrangement between ASEAN members and east Asian powerhouses comes into force
When an ATM is an alien concept
FEATURE - It is only an ATM (automatic teller machine), but it might as well be an alien spacecraft, crash landed in central Vientiane. People do not know what to make of it - which is understandable when you consider that this is the first ATM in Laos.