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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...

Thai Baht Expected to Strengthen in 2023

The Thai baht is expected to have a strong year in 2023, buoyed by an influx of Chinese tourists and slowed US rate hikes. Bangkok...

Bokeo Airport to Start Operations in May 2023

Mr. Phoun Khampha, the director of Bokeo Airport, spoke with GATC Thailand in December at the airport premises and disclosed that it will officially...

Could Laos Move Toward Decriminalization of Soft Drugs?

Amid a spate of recent high-profile moves against ‘soft drugs’ kratom and marijuana, many are left wondering why these should be a priority for...

Police Hand Out Free Helmets, Water to Motorists Ahead of New Year

The traffic police on Route 13 South between Bolikhamxay and Khammouane Province have started distributing free helmets and water to passing motorists. Ahead of New...

Top Laotian Times News Stories of 2022

The Laotian Times revisits the top news stories of the year 2022. With the country opening up after over two years following the Covid-19 pandemic,...

BCEL One Now Allows Overseas Funds Transfers

BCEL One has recently implemented a new "SWIFT Transfer" function that allows users to transfer and receive money from all around the world using...