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Wednesday, November 19, 2025
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Economy

Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement and misappropriation between 2021 and 2025, resulting in losses of LAK 66.86 billion (USD 3 million). Alarmingly, only 22.96 percent of these funds have been recovered,...

New Weight-Based Toll Targets Road Damage from Mineral Transport

Starting in 2026, mineral transport trucks will be charged up to USD 1.5 per...

Laos Moves to Overhaul National School System by 2028

Laos is preparing to reform its national education system by shifting to a 6+3+3...

National Road No. 13 South in Savannakhet Set for Major Rehabilitation

A major 79-kilometer section of National Road No. 13 South is set for restoration...

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...

Kunming Sees Renewed Interest in Train Travel Following Laos-China Railway Opening

Residents of Kunming are taking a keener interest in train travel following the historic launch of the Laos-China Railway. While current regulations do not allow...

Five Thousand Passengers Board Laos-China Railway in First Five Days

More than 5,000 people have purchased tickets to ride the Laos-China Railway since its official launch on Friday. The Laos-China Railway began serving public passengers...

Thanaleng Dry Port and Vientiane Logistics Park Hold Grand Opening

Thanaleng Dry Port and Vientiane Logistics Park held a grand opening event on Saturday, kicking off the start of streamlined services facilitating transportation. The event...

First Freight Trains Arrive at Destinations in Both Countries along Laos-China Railway

The first two international freight trains along the Laos-China railway have arrived at their destination in both Laos and China. A freight train that departed...

Laos-China Railway Officially Launched

The Laos-China Railway was officially launched today during a ceremony presided over by Lao President Thongloun Sisoulith and Chinese President Xi Jinping. The landmark railway...

Laos Records Trade Deficit of USD 45 Million in October

Laos recorded a trade deficit of USD 45 million in October with imports and exports totaling USD 819 million. According to information from the Lao...