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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...

Lao Government Increases Living Allowances for Civil Servants

The Prime Minister's Office has recently announced the increase in living allowances for civil servants across the country. A notice issued by the office...

Bank of the Lao PDR to Issue Bonds Worth LAK 1 Trillion

The Bank of the Lao PDR has announced that LAK 1 trillion in special bonds* will be available for people in Laos to purchase...

Is Laos Ready to Welcome Tourists from China?

With Laos trending as a travel destination over the past several months and China reopening its borders on Sunday, is the country prepared for...

Inflation in Laos Soars to its Highest Rate at 39.27 Percent in December

Inflation in Laos skyrocketed to 39.27% in December 2022, the highest rate of the year, according to the Lao Statistics Bureau (LSB). In December 2022,...

Laos to Start Exporting Electricity to Cambodia in New Project

The opening ceremony of the 500 KV power station and transmission line from Laos to Cambodia took place in Champasack's Khong district on Tuesday. Electricite...

The Telegraph Recommends Laos as One of 20 Places You Must Visit in 2023

The British newspaper's travel experts curated a collection of the 20 top destinations to visit this new year and Laos featured in the list...