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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...

Could Luang Prabang Be at Risk of Overtourism?

Brought to its knees during the Covid-19 pandemic, Luang Prabang is now facing the opposite problem as swarms of tourists descend upon the city,...

Vientiane Authorities Urge Telcos to Bury Cables

Vientiane's Department of Communication and Technology issued a notice last week ordering telephone companies in the capital to bury their cables underground by 25...

First, Largest Youth-Led Economic Forum Takes Place in Southeast Asia

The ASEAN Youth Organization has organized the first and largest youth economic forum, called the ASEAN Youth Economic Forum (AYEF) 2023 with the theme...

Singapore PM, Indonesia Pres. Push Harder on Myanmar Peace Plan

Singapore’s Prime Minister met with the President of Indonesia on Thursday, discussing ways to push ASEAN and the UN into taking a harder stance...

Tightening Monetary Policies Affecting Asian Nations

Highlights from the Asian Economic Integration Report 2023 (AEIR) by the Asian Development Bank (ADB) show that nations in the Asia and Pacific region...

Finance Ministry To Issue More Government Bonds via Lao Securities Exchange

The Ministry of Finance has announced the sale of a new tranche of government savings bonds worth trillions of kip. Lao News Agency reports...