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Sunday, November 16, 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...

Thais Caught Smuggling Petrol into Laos

Nong Khai Customs House has said that Thais have been caught attempting to smuggle fuel into Laos. Bangkok Post reports that Thai citizens have made...

Laos-China Railway Opens New Station in Oudomxay Province

The Laos-China railway has announced the opening of a Namor Railway Station in Oudomxay province starting 1 June.  A standard K12/1 train will be put...

Laotians Continue to Visit Thailand for Petrol

Laotians are flocking to Nong Khai, Thailand, to fill their vehicles with petrol in response to chronic fuel shortages in Laos. According to Channel One...

Laos Party Central Committee Resolves to Address Economic Problems

The Lao People's Revolutionary Party Central Committee has resolved to take immediate measures to address the country's economic issues, including the fuel shortages, spiraling...

Bank of Laos Vows to Resolve Foreign Exchange Problems

The Bank of the Lao PDR held a press conference today to announce solutions it has proposed for the ongoing foreign currency problem faced...

Public Left to Speculate as Fuel Shortages Continue in Laos

Despite continued fuel shortages that have been described as a crisis for Laos, little guidance has been provided to the public as gaps in...