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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...

Interview with Israeli Ambassador to Laos, Mr. Nadav Eshcar

As Nadav Eshcar, Israeli Ambassador to Laos and Vietnam, concludes his five-year diplomatic mission in the region, he speaks with the Laotian Times to...

Geothermal Power to Generate Over USD 600 Million Annually for Laos

Laos will generate over USD 600 million each year from selling geothermal power to Vietnam.  The Lao Development and Investment Co., Ltd. (LDIC), the Canadian...

Australia Supports Laos in Improving Transport and Trade Connectivity

The Australian Government is supporting the Government of Laos in improving transport connectivity, cross-border trade, and logistics along an east-west corridor in northern Laos. A...

Laos to Bolster Sustainable Trade, Diversify Value Chains Under ARISE Plus Project

Representatives and stakeholders from the industry and commerce sector and the European Union came together to discuss sustainable trade solutions at the ARISE Plus...

Families in Laos Face New Economic Challenges as Impact of Covid-19 Recedes

While the negative impacts of Covid-19 appear to be receding, households in Laos are facing new economic challenges, according to the World Bank. Results from...

Laos Sees Trade Deficit of USD 133 Million in June

Laos posted a trade deficit of 133 million US dollars in June as the balance of imports and exports trended downward. According to the most...