19.9 C
Vientiane
Sunday, November 16, 2025
spot_img

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...

Authorities Discuss Security of Laos-China Railway

Authorities have discussed the security preparedness of the Laos-China Railway construction project, which is scheduled to be complete by December this year. According to a...

Fifth Lao-Thai Friendship Bridge Four Percent Complete

The 5th Lao-Thai Friendship Bridge, which links Beung Kan Province in northeastern Thailand to Paksan, Bolikhamxay Province in Laos, is now four percent complete. According...

Housing for Attapeu Flood Victims Now Over 60 Percent Complete

Some 505 new homes have been completed for flood victims in Attapeu following the dam collapse of 2018. According to a report by KPL, the...

Lumpy Skin Disease Kills More Than 100 Cattle in Laos

Over 100 cows and buffalo have died from lumpy skin disease infections across 126 villages in seven provinces as the disease spreads across Laos. Some...

Laos Bans Cattle Transport Amid Lumpy Skin Disease Outbreak

The government of Laos has placed a temporary ban on the import and export of livestock and beef products to prevent the spread of...

China Signs USD 1.5 Billion Deal to Purchase Agricultural Products from Laos

Chinese businesses have signed an agreement to purchase nine types of agricultural produce from Laos in a deal worth over USD 1.5 billion. The nine...