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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...

Laos Government to Resolve Debt, Fuel, Currency Crises

The Government of Laos has pledged to stave off debt default by managing exchange rates and reigning in state enterprises. The commitment to stabilizing the...

ADB: China’s Slowing Growth Impacts Developing Asia’s Prospects

The Asian Development Bank (ADB) has lowered its economic growth prediction for developing Asia - including Laos - to 4.6% this year, down from...

UN: Laos Expected to Reach 8 Million People by 2030

A provincial celebration of World Population Day:  “Towards demographic resilience: supporting individuals’ rights and choices”, was held by the Ministry of Planning and Investment...

Laos Energy Ministry Places Dams on Notice Amid Wet Season Storage

The Ministry of Energy and Mines has placed hydropower projects on notice across the country, telling them to ensure emergency plans are in place...

Vang Vieng Criticized for Unscrupulous Price Gouging

A sudden influx of international visitors to the tourist town of Vang Vieng has seen food and accommodation prices skyrocket, with many calling for...

Laos to Produce More Fertilizer and Animal Feed Amid Supply Chain Turmoil

The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain...