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Tuesday, November 18, 2025
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Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

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,...

Thai Court Orders Ex-PM Thaksin to Pay USD 500 Million Tax Bill: Reports

AFP - Thailand's Supreme Court ordered jailed former prime minister Thaksin Shinawatra on 17 November...

Japanese Princess Lands in Laos on First Trip Overseas

AFP - Japan's Princess Aiko arrived in Laos on 17 November for her first...

New Weight-Based Toll Targets Road Damage from Mineral Transport

Starting in 2026, mineral transport trucks will be charged up to USD 1.5 per...

Landslides in Vietnam Kill at Least Six

AFP - Landslides triggered by heavy rain in Vietnam have killed at least six...

Save the Date: 7th Annual European Food Festival – March 24th

The European Union Delegation to Laos, the Ministry of Information, Culture and Tourism and the European Chamber of Commerce and Industry have called on...

BCEL Partners with Thanachart Bank for QR Code Banking in Thailand

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has entered into a strategic partnership with Thanachart Bank of Thailand to bring QR Code payment...

Thailand Hands Down Life Imprisonment Sentence to Drug Lord Xaysana

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...

Laos and Australia Strengthen Ties Amid ASEAN Summit

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...

TKI Insurance Causes a Stir in the Lao Insurance Market

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...

How to Tell the Difference Between Real and Fake Lao Bank Notes

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...