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Tuesday, November 18, 2025
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Economy

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,...

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...

Laos Moves to Overhaul National School System by 2028

Laos is preparing to reform its national education system by shifting to a 6+3+3...

National Road No. 13 South in Savannakhet Set for Major Rehabilitation

A major 79-kilometer section of National Road No. 13 South is set for restoration...

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...

Kakao Pay Launches Overseas ATM Withdrawal Service in Laos, Vietnam, and Japan

Kakao Pay Corp., a mobile payment and digital wallet service in South Korea has launched an overseas ATM withdrawal service in partnership with Global...

Govt to Develop Electronic Signature for State Budget Management System

The Ministry of Technology and Communication and the Ministry of Finance in Laos signed an agreement to develop the use of electronic signatures in...

Lao Prime Minister Addresses Alarming Decline in School Enrollment, Pledges Solutions

The Prime Minister of Laos, Mr. Sonexay Siphandone discussed plans to address the increase in school dropout rates and decline in student enrolment across...

Largest Job Portal Site in Laos to Conduct Second Annual Salary Survey

Wise Research, a local research firm, commissioned by www.108.jobs, the largest job portal site in the country, will be conducting the second nationwide salary...

Thai Airways to Double Fleet, Focus on More Flights to India

Thailand’s biggest airline, Thai Airways International, has laid out plans to expand its fleet after seeking bankruptcy protection in 2020 due to inefficient management...

NA Member Urges Lao Govt to Raise Salaries for Civil Servants

A constituent from Bolikhamxay has asked the government at the ongoing Ninth National Assembly's Fifth Ordinary Session to increase the monthly remuneration of civil...