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Saturday, November 15, 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...

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...

Authorities to Clear Commercial Area for Tourism Spot in Vang Vieng

On Wednesday, the Vang Vieng government issued a notice directing stalls at a commercial area near the old airport to vacate the premises to...

Siem Reap International Airport to Start Test Flights by Mid-May

The steering committee for the construction of Siem Reap Angkor International Airport held a meeting on 20 April to confirm that flight trials will...

Vientiane Capital to Repair Roads Ahead of 2024 ASEAN Summit

Vientiane Capital is set to repair and restore its roads in preparation for the 2024 ASEAN summit and other upcoming government meetings. Mr. Atsaphangthong Siphandone,...

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023

Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023. According to Lao Youth...