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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...

BOL, Ministry of Finance Sign MOU to Enhance Cooperation

The Bank of the Lao PDR (BOL) and the Ministry of Finance signed a memorandum of understanding (MOU) on Monday to improve cooperation between...

President of Laos to Attend “Future of Asia” Conference in Japan

President Thongloun Sisoulith will attend the Future of Asia Conference in Tokyo, Japan which is being held under the slogan, "Leveraging Asia’s Power to...

Drinking Water Association Announces Price Hike Due to Economic Hurdles

The Drinking Water Association in Vientiane Capital released a notice on Thursday, announcing an increase in price of the 18 liters bottle of drinking...

Inflation and Debt Weigh Down Laos Economic Recovery, Says World Bank Report

Economic activity in Laos is weighed down by structural challenges, macroeconomic instability, and a deteriorating external environment, according to the World Bank’s latest Lao...

El Niño to Hurt In-Season Rice Output in Thailand

Royal Ploughing Day, held on 17 May, marks the start of the rice planting season in Thailand, but researchers say El Niño could hurt...

Laos Economy to Grow by 4.5% in 2023, Say Researchers

Researchers in Laos are optimistic and predict that the economy may grow up to 4.5% this year. The Macro-economic Research Institute of the Lao Academy...