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Tuesday, November 18, 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...

Laos Sees Trade Deficit of USD 64 million in April

Laos recorded a trade deficit of USD 64 million in April, according to information from the Lao Trade Portal. Xinhua reports that exports from Laos...

Vientiane Vehicle Registration Division Bars Entry to Unvaccinated Individuals

The Vientiane Capital Vehicle Registration and Driving License Division (VRDLDV) has declared that individuals and employees who have not been vaccinated against Covid-19 will...

Korean Company to Study Expansion of Luang Prabang Airport

The Korean Airports Corporation (KAC) has been selected to lead a feasibility study on the expansion of Luang Prabang International Airport. The Lao Ministry of...

Laos Considers Policy to Assist Poor Families During Covid-19 Crisis

The government of Laos is now considering a policy to assist poor families or vulnerable individuals who have been affected by the Covid-19 crisis. According...

EDL To Discount Electricity Rates During Lockdown Period

Electricite du Laos is to provide a three percent discount on electricity rates to residential consumers during the lockdown period. Authorities have accepted a proposal...

Asian Development Bank Predicts Positive Economic Growth for Laos

The Asian Development Bank (ADB) projects positive growth for the economy of Laos despite the effects of the ongoing Covid-19 pandemic. Vientiane Times reports that...