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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...

Nam Ngum 1 Dam Begins Operating New Extension

The expansion of the hydropower station in Nam Ngum 1 dam was officially launched on Saturday with assistance from the Japanese government.  The existing dam...

Transport Trucks Remain Stranded at Laos-China Border

Strict Covid-19 controls by China have meant cargo trucks from Laos have been unable to deliver freight, leaving thousands of trucks stranded at the...

Laos Government Affirms Commitment to Preventing Default

The Government of Laos has reiterated its pledge to avoid default, with relevant agencies being directed to take more proactive measures to address the...

New UK Initiative to Boost Trade with Laos

A new initiative announced by the UK aims to promote the growth and prosperity of developing nations through the power of trade. The UK's new...

Lao Airlines Reinstates Major Routes in New Winter Schedule

Lao Airlines has released its long-awaited winter schedule, bringing back major routes. Lao airlines has announced on social media that it will be bringing back...

Global Coffee Prices to Rise Amid Drop in Vietnam Supply

Vietnam's large stockpile of coffee beans is diminishing, a development that is expected to push global coffee prices even higher. Traders surveyed by Bloomberg predict...