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Saturday, November 15, 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...

Laos Sees Foreign Currency Outflow of Over USD 303 Million this Year

The Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year. According to a...

Vientiane Residents Struggle with Fuel Shortage

  Motorists in Vientiane have taken to social media citing a chronic fuel shortage among petrol stations in the capital. Petrol stations have found themselves intermittently...

Prime Minister of Laos Orders Full-Scale Preparations for National Reopening

The Prime Minister of Laos has ordered full-scale preparations for reopening the country amid the launch of the Laos-China Railway. Lao Prime Minister, Dr. Phankham...

Thailand Seeks Connection with Laos-China Railway

The Thai government has said it is seeking a way to link Thailand's Thai-Chinese high-speed railway line with the Laos-China Railway. A senior Thai official...

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...