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Friday, November 14, 2025
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Economy

Laos Uncovers Widespread Corruption, Records Billions in Losses Over Five Years

Laos has uncovered widespread corruption cases nationwide over the past five years, identifying 334 individuals implicated in financial misconduct between 2021 and 2025, with total losses exceeding LAK 642.93 billion (nearly USD 30 million), alongside significant losses in multiple foreign currencies.  Khamphanh Phommathat, President of the State Inspection Authority (SIA),...

Lao State Fuel Company Set to Transform into Public–Private Joint Venture

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into...

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Laos Grapples with Extreme Weather Events, Fires in 2023, Causing USD 53.5 Million Damage

Laos faced a tough year in 2023 as it battled through 76 extreme weather events and fires that caused severe damage across the country....

Lao Companies Slow to Adapt to Wage Increases

Several companies across Laos have shown reluctance to comply with government initiatives to raise the minimum wage. Despite the government's approval of a minimum wage...

Vientiane Residents Rush to Update Vehicle Registration Plates

In response to Vientian’s recent announcement regarding the city’s registration plates, changing vehicle number plates from Vientiane Municipality to Vientiane Capital, effective on 1...

International Women’s Day Reflects Progress, Challenges of Women’s Rights in Laos

As the world celebrates International Women's Day on 8 March, Lao women are voicing the progress made in women's rights amidst the ongoing struggle...

Laos-Australia Partnership Launched with Major Investment in Dengue Research

Australia has committed AUD 3 million (almost USD 2 million) in financial support this year to advance research combating dengue fever in Laos through...

Electricity Exports Propel Laos to Trade Surplus, Marking Record Growth

Laos has recorded a significant surge in its annual trade, reaching a total value of over USD 15.5 billion in 2023.  The figures, released by...