The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement and misappropriation between 2021 and 2025, resulting in losses of LAK 66.86 billion (USD 3 million).
Alarmingly, only 22.96 percent of these funds have been recovered,...
The European Union Delegation to Laos, the Ministry of Information, Culture and Tourism and the European Chamber of Commerce and Industry have called on...
Banque Pour Le Commerce Exterieur Lao Public (BCEL) has entered into a strategic partnership with Thanachart Bank of Thailand to bring QR Code payment...
On Tuesday, a Thai criminal court handed down life imprisonment charges to drug ring leader, Xaysana Keophimpha on the charge of illegally trafficking 1.2 million...
Lao Prime Minister Thongloun Sisoulith and Australian Prime Minister Malcolm Turnbull held bilateral talks on Saturday, amid the ASEAN-Australia Special Summit, which was held...
Two newly formed insurance companies based in Vientiane, TKI Life Insurance and TKI General Insurance, are expecting to conquer the life and general insurance markets in Laos with packaged...
The central bank of Laos (Bank of Laos) has issued public leaflets detailing how to tell if the banknotes we are using are fake. Fortunately, authentic...