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Wednesday, November 12, 2025
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Economy

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 with China Jianxai International Economic and Technical Cooperation Co., Ltd. to construct and maintain a 15.03-kilometer (from kilometers 121-136) section of National Road No. 2W, linking Oudomxay and Xayaboury Provinces. The USD 10 million project includes...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to...

Laos Launches Second Phase of Public Financial Management Project

Laos has received USD 17.5 million in support from the World Bank for the...

New Boten-Mohan Shuttle Enhances Connectivity, Regional Integration

On 3 November, Laos and China officially launched the cross-border shuttle service between Boten...

Lao State Inspection Authorities Uncover Trillions Lost to Corruption

The State Audit Organization and the State Inspection Authority of Laos have uncovered massive losses of over LAK 1.5 trillion and USD 147,387 this...

Fuel Prices Rise Again in Laos Amid Covid-19 Pandemic

The government of Laos has announced an increase in fuel prices for the sixteenth time this year, bringing the price of regular gasoline to...

Laos to Purchase New Fleet of Electric Vehicles for Senior Officials

The government of Laos is considering replacing gasoline cars with electric cars for Party and government leaders. According to a report from the Ministry of...

Laos Receives More Funding for Business and Trade to Assist in Covid-19 Recovery

The World Bank and the Government of Laos have agreed to scale up a Competitiveness and Trade Project that will assist businesses in Covid-19...

Railway Traffic Control Center Opens at Vientiane Station

Authorities in Laos have officially opened a railway traffic control center to manage traffic along the Laos-China Railway. According to a report by CRI, the...

Laos Records Trade Surplus in September

Laos recorded a trade surplus in September, with exports topping imports for the first time in recent months. According to data from the Lao Trade...