24.3 C
Vientiane
Wednesday, November 19, 2025
spot_img

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 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...

Laos, South Korea to Expand Job Opportunities for Lao Nationals

The Ministry of Labor and Social Welfare signed a Memorandum of Understanding (MOU) last week in Vientiane Capital, to enable the seasonal employment of...

Laos-China Railway Yet to Compensate Over 1,000 Families

More than 1,000 families displaced during the six-year construction period of the Laos-China Railway still wait for compensation from the company. A total of 1,018...