News

Fuel Shortages Threatens Rural Crisis in Laos

For the past few months, the nation has been hit by rising global oil prices and a weakening local currency, which have led to a steep rise in the price of fuel and widespread shortages. In April, petrol and diesel prices rose 72 percent and ...

Sebastian Strangio

Govt appoints taskforce to address fuel crisis, skyrocketing prices, foreign currency shortfall

The government has formed a new taskforce to address the fuel crisis, the spiralling price of consumer goods, and dwindling foreign currency reserves.The move comes as Laos battles a damaging fuel shortage in the wake of the depreciation of the kip. The unfavourable exchange rate ...

Souksakhone Vaenkeo

Public advised to avoid unnecessary travel, to save fuel for agriculture

The Ministry of Industry and Commerce and the Lao Fuel and Gas Association are urging members of the public to be frugal in their use of fuel and not to travel unnecessarily, so that enough reserves of petrol are available for use for farming and ...

Phetphoxay Sengpaseuth

Laos Is Second Most Expensive ASEAN Country to Buy Fuel

An official from the Ministry of Energy and Mines revealed that Laos placed second in the list of the most expensive ASEAN countries in which to buy fuel.More ...

The Laotian Times

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