Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19 December.
President of Central Region Audit Office No.1, Khammone Bouaphanh revealed that LAK 4.77 billion (about USD 217,000) had not been transferred to the official state...
The Government of Laos has greenlit a feasibility study for a railway project that would link Vientiane Capital with Thakhek, in Khammouane Province.
Lao Economic...
Newly-appointed Governor of the Bank of Laos, Mr. Bounleua Sinxayvoravong, addressed the National Assembly about the challenges and difficulties faced by the nation in...
As food and fuel prices rise alarmingly around the world, Southeast Asian legislators are pressing their countries' economic ministers to hold an emergency summit...
Over 700 million liters of fuel is smuggled into Laos every year according to Prime Minister Phankham Viphavanh.
Vientiane Times reports that the Prime Minister...
