The Bank of the Lao and the Ministry of Industry and Commerce held their third bilateral meeting to review joint work and agree priorities for closer coordination on enterprise, price and foreign exchange management. Building on technical discussions held in June, the authorities focused on linking the central bank’s foreign exchange flow management system with the ministry’s electronic business registration system to strengthen oversight and information sharing. The two sides also discussed monitoring displayed goods prices, promoting lawful use of the local currency and identifying priority and essential goods to support measures aimed at monetary and cost of living stability. They agreed to study foreign exchange management measures for multiple sectors and emerging business types under the current socioeconomic development plan.
2026-09-21Bank of the Lao
Bank of the Lao and Ministry of Industry and Commerce agree work on data sharing and foreign exchange management
The Bank of the Lao and the Ministry of Industry and Commerce agreed to advance data sharing between their foreign exchange and business registration systems. They also discussed price monitoring, local currency use, essential goods and foreign exchange controls for emerging business activities.