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Saturday, November 15, 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...

MRC to Host Public Forum to Foster Openness, Participation and Cooperation

The Mekong River Commission (MRC) has opened registration for another milestone public forum, which will be highlighted by eagerly anticipated updates on topics such...

Laos, Malaysia Sign Deal for Cross-border Railway Operations

Kuala Lumpur (The Star): Malaysia and Laos have marked an important milestone in cross-border railway movement with a memorandum of collaboration signed between their...

Laos Receives USD 426 Million from Lao Workers Abroad as Foreign Remittance

Lao workers who work abroad send an average of over USD 35.5 million per month back to Laos, or USD 426 million per year,...

Vientiane Residents Voice Concerns Over Factory Emissions, Noise Pollution

The rapid urban development of Vientiane Capital is facing challenges as emboldened residents complain of emissions from nearby factories affecting their quality of life. Amid...

High-Level Taskforce Established to Tackle Economic Challenges in Laos

The Politburo of the Lao People's Revolutionary Party Central Committee has formed a high-level taskforce to address the pressing economic and financial issues affecting...

Laos Sees Trade Deficit of USD 126 Million in June

Laos' imports and exports totaled over USD 1 billion in June; exports were valued at USD 458 million, while imports were approximately USD 584...