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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...

Lao President Visits Communist Party Secretary in Chongqing, China

Mr. Thongloun Sisoulith, President of Laos, visited Mr. Yuan Jiajun, Communist Party Secretary of Chongqing, on Monday. During his visit, the Lao president praised Chongqing's...

Laos Inks Another Deal to Send More Workers to South Korea

The Lao government signed a Memorandum of Understanding (MOU) with South Korea last week to send more Lao nationals to work in the country's...

Lao Visitors Boost Sales and Tourism in Udon Thani, Thailand

Udon Plaza Company Limited, along with the UD Town Shopping Center, Moko Hotel, and Monthathip International Convention Center, has reported a significant rise in...

Businesses in Golden Triangle SEZ to Only Accept Payment in Lao Kip

Businesses in the Golden Triangle Special Economic Zone will need to display a sign that reads "Accept Lao Kip Only" for payments starting Monday. The...

Laos Plans to Export Rice to United States in 2024

The owner of a rice production company in Laos expressed her interest in exporting rice to the US next year after the recent success...

Dr. Martens Boots “Made in Laos” Set Social Media Abuzz

Dr. Martens has been trending on social media in Laos after one person made the surprise discovery that the German-founded British brand of boots...