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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...

New Vientiane to Houaphan Expressway Project Under Consideration

The Lao government is considering approval of a new expressway project that will stretch from Vientiane Capital to Houaphanh Province. The new expressway route, commencing...

National Assembly Tells Government To Tax Online Vendors

Members of the National Assembly have asked the Lao government to begin collecting taxes from those selling products and services online. According to a report...

Beerlao Raises Prices Amid Increasing Production Costs

Lao Brewery Company has issued a notice stating that amid rising operating costs, it has regretfully been forced to raise the prices of its...

Inflation Rate Increased by Nearly Four Percent in June this Year

The inflation rate in Laos increased in June this year compared to the same period last year, climbing 3.96 percent. According to the Lao Statistics...

Authorities Blame Weak Local Currency for High Egg Prices

Authorities in Laos have said that a weakened Lao Kip is to blame for the increase in egg prices. According to a report by KPL,...

Savannakhet Ready to Employ Over 50,000 Returnees

Businesses in Savannakhet have expressed interest in providing jobs for over 50,000 Lao migrant workers who have returned from Thailand. According to a report by...