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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...

“Fuel Tourism” as Laotians Cross into Thailand to Fill Up

A new type of tourism has emerged as a burgeoning fuel crisis sweeps across Laos, with Laotians crossing into Thailand to fill up their...

Government of Laos Seeks Way Out of Fuel Crisis

The Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out...

Vientiane Province Closes Tourist Sites Around Nam Ngum Reservoir

Tourism sites around the Nam Ngum Reservoir will be closed to visitors for 18 months due to a development project in Keooudom District, Vientiane...

Laos Fuel Crisis Nears Breaking Point as Vientiane Capital Runs Dry

Motorists in the nation's capital queued for hours yesterday in the hope of filling up their tanks before pumps ran dry. Provinces across the country...

Nam Ngum 4 Hydropower Project 90% Complete

The Nam Ngum 4 Hydropower Project in Xieng Khouang province is now 90% complete, valued at over USD 760 million.  KPL reports that Xieng Khouang,...

National Assembly Passes Resolution On Fuel Price Stabilization Measures

The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel...