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Fuel Price Laos

Weak Kip Harming Lao Economy
Business Expat Rescources Finance - Banking - Money Food Government Investments Lao Economy 

Weak Kip Harming Lao Economy

06/10/202206/10/2022 J&C Admin 834 ViewsFuel Price Laos, Gross Domestic Product (GDP) Laos, Inflation Laos, Lao Economy, War in Ukraine

The currency devaluation is having a damaging effect on the Lao economy, driving up the price of products and creating more hardship for the poor.

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Lao Govt Approves Tax Cut On Diesel To Ease High Prices
Government Lao Economy Latest News 

Lao Govt Approves Tax Cut On Diesel To Ease High Prices

08/08/202208/08/2022 J&C Admin 496 ViewsFuel Price Laos, Fuel shortage Laos, Lao Economy, Lao Fuel and Gas Association

Removal of the excise tax charged on diesel is in response to a request from fuel businesses and importers, who are struggling source sufficient funds to buy fuel.

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A fuel shortage is driving Laos — which is on the brink of a debt default — to seek out cheap Russian oil
Government Lao Economy Latest News 

A Fuel Shortage Is Driving Laos — Which Is On The Brink Of A Debt Default — To Seek Out Cheap Russian Oil

10/07/202210/07/2022 J&C Admin 414 ViewsCurrency Depreciation Laos, Fuel Price Laos, Fuel shortage Laos, Inflation Laos

Russian gas is 70% cheaper than supplies from other international sources, according to Nikkei, citing local media.

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The government says the fuel crisis will be resolved in the near future as it will provide Thai baht and US dollars to fuel importers by authorising additional foreign currency payments to oil companies so they can import more fuel.
Business Government Investments Lao Economy Latest News 

Fuel Shortage Soon To Be Resolved, Lao Govt Says

20/05/202220/05/2022 J&C Admin 440 ViewsFuel Price Laos, Fuel shortage Laos

The government says the fuel crisis will be resolved in the near future as it will provide Thai baht and US dollars to fuel importers by authorising additional foreign currency payments to oil companies so they can import more fuel.

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Lao Economy Grinding To A Halt As Fuel Crisis Deepens
Business Government Investments Lao Economy Latest News 

Lao Economy Grinding To A Halt As Fuel Crisis Deepens

14/05/202214/05/2022 J&C Admin 400 ViewsForeign currency reserves Laos, Fuel Price Laos, Fuel shortage Laos, Inflation Laos, Lao debt burden, Lao Economy

A plummeting currency, dwindling foreign reserves, and a spike in global oil prices have led to shortages across the country.

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Fuel Shortage Causing Hardship For Lao People
Business Cars Government Investments Lao Economy Latest News Transportation - Vehicles 

Fuel Shortage Causing Hardship For Lao People

10/05/202210/05/2022 J&C Admin 321 ViewsFuel Price Laos, Fuel shortage Laos

Fuel shortages forced petrol stations in Vientiane and some provinces to close on Monday, with many of desperate motorists going from one station to another in the hope of filling up their tanks.

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Inflation In Laos Soars To Its Highest Rate At 39.27% In December
Business Finance - Banking - Money Government Investments Lao Economy Latest News 

Inflation Rate Closes In On Two Digits

09/05/202209/05/2022 J&C Admin 254 ViewsFuel Price Laos, inflation rates Laos, Lao Statistics Bureau (LSB)

The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016

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Govt To Mull Cut In Excise Tax To Reduce Price Of Fuel
Business Government Investments Lao Economy Latest News Transportation - Vehicles 

Govt To Mull Cut In Excise Tax To Reduce Price Of Fuel

08/04/202208/04/2022 J&C Admin 277 ViewsExcise Tax Laos, Fuel Price Laos, Lao Economy, Lao Minister of Finance Bounchom Ubonpaseuth

The government will consider cutting or even waiving excise tax on the price of imported oil, to reduce skyrocketing prices at petrol stations.

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Govt To Slash Fuel Prices
Cars Government Lao Economy Latest News Transportation - Vehicles 

Govt To Slash Fuel Prices

24/03/202224/03/2022 J&C Admin 304 ViewsFuel Price Laos, Lao Economy

To reduce the pressure of rising food prices, the government will cut the cost of fuel by 650 kip per litre for premium fuel, 540 kip per litre for regular fuel and 610 kip per litre for diesel

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Inflation in Laos higher than GDP growth
Business Finance - Banking - Money Investments Lao Economy Latest News Uncategorized 

Inflation In Laos Higher Than GDP Growth

24/03/202224/03/2022 J&C Admin 267 ViewsFuel Price Laos, Gross Domestic Product (GDP) Laos, Inflation Laos, Lao Economy

Inflation in Laos has surged higher than the projected rate for the Gross Domestic Product (GDP), sparking fears among many people regarding the impact on their living standards.

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Inflation Jumps To Six-Year High Of 7.3 Percent
Business Expat Rescources Food Government Investments Lao Economy 

Inflation Jumps To Six-Year High Of 7.3 Percent

18/03/202218/03/2022 J&C Admin 371 ViewsFuel Price Laos, Inflation Laos, Lao Statistics Bureau (LSB), War in Ukraine

The year-on-year inflation rate jumped to 7.3 percent in February, the highest figure recorded in Laos since January 2016.

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Fuel Price Hike Impacts Flights, Regular Transport Services Unchanged
Business Government Investments Lao Economy Latest News 

Fuel Price Hike Impacts Flights, Regular Transport Services Unchanged

15/03/2022 J&C Admin 242 ViewsFuel Price Hike Laos, Fuel Price Laos, Lao Airlines, Lao Economy, Lao Economy Recovery

Lao Airlines – the national flag carrier – has decreased domestic flights to balance its revenues and expenditure.

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Fuel Prices, Currency Depreciation Drive Up Inflation In Laos
Business Finance - Banking - Money Government Investments Lao Economy Latest News 

Fuel Prices, Currency Depreciation Drive Up Inflation In Laos

11/03/202211/03/2022 J&C Admin 287 ViewsCurrency Depreciation Laos, foreign currency management Laos, Fuel Price Laos, Lao Inflation Rate

Fuel prices have increased six times in a period of just two months and 10 days, sparking greater concerns about the rising cost of living in Laos.

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Motorists Nationwide Hit By Yet Another Hike In Fuel Prices
Business Cars Government Lao Economy Latest News 

Motorists Nationwide Hit By Yet Another Hike In Fuel Prices

19/11/202119/11/2021 J&C Admin 311 ViewsFuel Price Laos, Inflation Laos, Lao Ministry of Industry and Commerce (MOIC), petrol price Laos

Source: Vientiane Times Motorists in Vientiane and provinces across Laos are in the hot seat again as the retail prices

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Lao Motorists Stunned By Record High Fuel Price
Cars Government Lao Economy Latest News Transportation - Vehicles 

Lao Motorists Stunned By Record High Fuel Price

10/11/202110/11/2021 J&C Admin 229 ViewsFuel Price Laos, Fuel shortage Laos

The cost of all types of fuel in Laos, especially in Vientiane, is likely to hit a record high this year

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Motorists Grapple With Fuel Shortage In Vientiane
Business Cars Excursions - Venues Government Lao Economy Latest News Transportation - Vehicles Travel & Tourism 

Motorists Grapple With Fuel Shortage In Vientiane

14/10/202114/10/2021 J&C Admin 178 ViewsFuel Price Laos, petrol price Laos

Motorists in Vientiane are struggling to find premium grade and regular fuel for their vehicles after some petrol stations ran out of supplies

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Motorists Hit By Yet Another Fuel Price Hike
Cars Lao Economy Latest News Transportation - Vehicles 

Fuel Prices Rise For Fourth Time This Year

22/02/202122/02/2021 J&C Admin 186 ViewsFuel Price Laos, Lao Ministry of Commerce and Industry, petrol price Laos

Source: Vientiane Times Motorists across the country are rushing to petrol stations to fill up their tanks after the government

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Hike in premium grade fuel price to hit motorists’ pockets
Cars Lao Economy Latest News 

Fuel Prices Drop Despite Concerns Over A Shortage Of Supply

24/03/202024/03/2020 J&C Admin 395 ViewsFuel Price Laos

Fuel prices fell on Monday morning in line with the trends in the world market even though people are worried about a shortage of supplies

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Motorists Hit By Yet Another Fuel Price Hike
Excursions - Venues Government Lao Economy Latest News Tax Transportation - Vehicles Travel & Tourism 

Lao Fuel Price Double World Market Average

28/07/201828/07/2018 J&C Admin 340 ViewsFuel Price Laos

The average fuel price in Laos is more than double than the global price

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Higher Fuel Price Driving Inflation In Laos
Government Lao Economy 

Higher Fuel Price Driving Inflation In Laos

17/05/201817/05/2018 J&C Admin 233 ViewsConsumer Price Index Laos, Fuel Price Laos, Inflation Laos

The rising price of fuel has become the new driving force behind inflation, sending a signal that the government must address this economic risk.

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