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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...

BCEL One to Be Added as Payment Option in LCR App

BCEL One will soon be available as a payment method on the LCR application for purchasing travel tickets for the Laos-China Railway. BCEL Bank announced...

Laos and Australia Partner on Sustainable Energy

The new Laos-Australia Sustainable Energy Partnership (LASEP) will expand cooperation to support Laos’ sustainable energy transition, with a focus on stronger planning and a...

Big C Hypermarket to Open in Laos Next Year

Big C, a Bangkok-based grocery and general merchandising retailer, has commenced construction of its first hypermarket in Laos, with plans to open its doors...

Laos Records Trade Surplus of USD 1.39 Billion in 2022

Laos recorded a trade surplus of USD 1.39 billion in 2022, boosted by the country's electricity exports, according to the Ministry of Industry and...

Khammouane Approves 71 French Colonial Buildings as Historical Heritage Sites

Khammouane Province has designated 71 French colonial buildings and houses as historical heritage sites for educational purposes and tourism. Thakek District, located in Khammouane Province,...

Authorities Report Over 61,000 Unemployed Workers in Laos

The latest unemployment figures in Laos stand at more than 61,000 due to an economic recession plaguing the country. The President of the Lao...