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,...
China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth USD 16 billion.
Deputy Prime Minister and Minister of Planning...
The Lao government has spent over LAK 15.82 billion on food, transportation, and other necessities for Lao migrant workers returning from Thailand.
Minister of Labour...
Laos has announced that the Laos-China Railway is scheduled to officially open in early December this year.
Deputy Prime Minister and Minister of Planning and...
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...
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...