27 C
Vientiane
Tuesday, November 18, 2025
spot_img

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...

United States and Industry Ministry Organize Workshop on World Intellectual Property Day

The U.S. Embassy in Vientiane and the Ministry of Industry and Commerce hosted a workshop on Tuesday to promote protections for creative professionals in...

UNICEF Visits Xieng Khouang to Kick Off 50th Anniversary Celebrations

UNICEF Laos celebrated its 50th anniversary with delegations visiting Xieng Khouang from Thursday to Saturday last week, to see the significant progress made for...

Motorists in Laos Urged to Pay Road Tax by September

The Ministry of Finance has advised residents across the country to pay their road taxes by September this year. The ministry has issued a notice...

FAO and Private Sector Come Together to Promote Sustainable Agriculture in Laos

The Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Agriculture and Forestry organized the National Forum on Investment in...

7-Eleven Convenience Stores to Start Operations in Laos This Year

Thailand’s CP ALL Public Company plans to launch 7-Eleven convenience franchise stores in Laos by mid-2023. CP ALL Laos, a subsidiary of Thailand's CP ALL...

Laos All Set to Host Asean Tourism Forum 2024

The ASEAN Tourism Forum (ATF) will be held in Laos next year and the event will focus on aspects like sustainability, digitalization, and labor...