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Wednesday, November 19, 2025
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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...

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...

China Provides Laos With 28 Electric Vehicles for Use in SEZ

China is providing Laos with a fleet of 28 electric vehicles to promote green transportation as part of the South-South Cooperation Project on climate...

Residents Urge Government to Address Rising Cost of Living

Residents and merchants in Vientiane Capital have urged the government to intervene and address the rising cost of living. A weakening local currency (LAK) has...