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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...

Provincial Authorities Step In to Avert Healthcare Crisis in Laos

Provincial health departments in Laos have urgently intervened to countermand regulations issued by struggling provincial hospitals mandating patients bring their own medicines due to...

Lao PM Calls for ‘De-dollarization’ and Further Regulation of Foreign Currencies

Prime Minister Sonexay Siphandone signed a seven-page order on 14 July to ensure that foreign exchange earned through exports and foreign investments, enters the...

Khammouane Provincial Hospital Faces Medicine Shortage

Khammouane Provincial Hospital is currently facing a critical shortage of essential medicines, with patients now being asked to bring their own. In a recent notice...

Laos Vows to Expand Nationwide Mobile Phone Coverage by 2025

Lao Ministry of Science and Technology has pledged to increase mobile phone coverage in the country, especially in rural areas by 2025.  Mr. Boviengkham Vongdara,...

Lao Central Bank Governor Urges Curbing Luxury Imports to Tackle Inflation

The Governor of the Bank of Lao PDR, Mr. Bounleua Sinxayvoravong, presented a bold proposal to the National Assembly, calling for stringent limitations on...

Thailand Includes Laos-China Railway in 2024 Strategic Direction, Boosting Tourism Connectivity

Thailand's Tourism Authority has incorporated the Laos-China Railway into its 2024 strategic direction, aiming to enhance tourism connectivity and attract quality visitors, marking a...