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Wednesday, November 19, 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...

Vietnam Airlines to Resume Laos, Vietnam, Cambodia Connecting Flight

Vietnam Airlines will restart its flight connecting the three major cities of Hanoi, Luang Prabang, and Siem Reap starting in July.  VNExpress reports that the...

2023 International Tea Day Fair Puts Laos’ Tea Industry in Spotlight

The Lao Department of Agriculture (DoA) led the celebration of International Tea Day in Laos. This year, the three-day event aims to enhance the...

114 Lao Workers Depart for South Korea for Seasonal Agricultural Work

114 Lao workers from Vientiane Capital departed for South Korea for seasonal agricultural work on Tuesday. The Ministry of Labor and Social Welfare has dispatched...

THB 300 Tourism Fee for Entry Into Thailand Still in Limbo

The fate of the THB 300 tourism fee scheme, which was proposed in July 2022, currently lies in the hands of the incumbent government,...

IMF Sees Laos Return to Steady Growth, Warns of Debt Risk

This year's conversation with Laos saw the IMF focused on how to support steady economic growth in 2023, considering the high public debt that...

Fire Incidents Cost Vientiane Capital LAK 760 Million in Four Months

Vientiane Capital has reported economic damages of about LAK 760 million or over USD 40,000 due to fire-related incidents from January to April. Lieutenant...