24.5 C
Vientiane
Wednesday, November 19, 2025
spot_img

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...

Five State Institutions in Laos to Trial Self-Sufficiency Policy

The Government of Laos has agreed to trial a financial self-sufficiency policy among state organizations and institutions. According to a report by KPL, the...

Laos-China Railway to be Green, Low-Carbon Railway

The China Southern Power Grid Company has completed the installation of electricity transmission poles along the Laos-China Railway, saying the railway will be a...

Chinese Investors Propose Laos-China-Vietnam Triangle Development

Authorities in Phongsaly Province have approved a feasibility study for the development and construction of a new Special Economic Zone at the borders of...

Military Sheep Farming Program Continues in Xieng Khouang

A sheep farming program conducted by the Lao military in Xieng Khouang Province is producing well, according to reports by state media. The battalion in...

Public Warned About Electrical Hazards Along Laos-China Railway

Electrical systems and transmission lines are expected to be operational along the Laos-China Railway in the coming days, with the public advised to keep...

Bank of Laos Warns Public Against Use of Cryptocurrency

The Bank of Laos (BOL) has issued a notice warning the public about the usage of unregulated cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which...