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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 Bonds Selling Fast

The Government of Laos has successfully sold half of the savings bonds it issued earlier this month in just eight days. According to a statement...

Vang Vieng Expressway Pegs Tolls to US Dollar

Tolls on the Vientiane to Vang Vieng Expressway will be pegged to the US dollar from 1 July, according to an announcement by the...

Southeast Asian MPs Urge ASEAN Economic Ministers to Immediately Tackle Food Crisis

As food and fuel prices rise alarmingly around the world, Southeast Asian legislators are pressing their countries' economic ministers to hold an emergency summit...

PM: 700 Million Liters of Fuel Smuggled into Laos Every Year

Over 700 million liters of fuel is smuggled into Laos every year according to Prime Minister Phankham Viphavanh. Vientiane Times reports that the Prime Minister...

Government of Laos to Value State Assets

The Government of Laos is considering engaging an international consulting firm to determine the value of state assets, particularly those pertaining to natural resources. Vientiane...

Cambodia Looking Into Railway Connection with Laos

A Cambodian delegation has arrived in Laos to explore the possibility of connecting Cambodia and Laos via a railway line. Members of the Cambodia Logistics...