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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 to Issue THB 3.61 Billion “Baht Bonds” for National Development

The Ministry of Finance in Laos is gearing up to issue THB 3.61 billion in bonds to fund the country's national development initiatives, according...

Lao Foreign Ministry Leaders Attend ASEAN Meetings in Indonesia

Lao Deputy Prime Minister and Minister of Foreign Affairs Saleumxay Kommasith, and Deputy Minister of Foreign Affairs Thongphane Savanphet, participated in the Southeast Asia...

China Southern Power Grid to Expand Energy Investment in Laos

China Southern Power Grid (CSG) will seek more opportunities in Laos after being an active power investor and trading partner in the country. According to...

Lao Minister Proposes New Employment Law to Safeguard Workers’ Rights and Boost Job Market

The Ministry of Labor and Social Welfare requested approval from the National Assembly on Monday for drafting a new law aimed at ensuring employment...

Second Electric Vehicle Forum in Laos Spurs Cooperation for Clean Energy Future

The future of sustainable mobility in Laos took center stage as industry leaders, innovators, and policymakers came together for the highly anticipated second Lao...

Vientiane’s First Pedestrian Footbridge Faces Construction Delays

The construction of the first public pedestrian footbridge in Vientiane Capital remains unfinished even though it was supposed to be ready within four months. The...