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),...
Laos' Finance Minister Bounchom Oubonpaseuth has assured National Assembly members that public debt is still manageable, despite the total amount remaining considerable.
Vientiane Times reports...
Risks abound, but growth is expected to normalize in the region as COVID recedes.
On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...
The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad.
The Consular...
Lao Minister of Finance, Mr. Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months.
He made...
The central bank of the Lao PDR is considering measures to address money-related problems including Kip depreciation and rising inflation.
According to the Lao News Agency...