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Saturday, November 15, 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...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, showcased the success of the...

Laos Kicks Off First-Ever Digital Census with Nationwide Field Data Collection

UNFPA - Santiphab Phomvihane, Minister of Finance and Deputy Head of the National Steering Committee for the 2025 Population and Housing Census, led a...

Feasibility Study Begins for Boten–Nateuy Expressway, Highway Upgrades in Luang Namtha

A feasibility study for a proposed expressway linking the Boten International Checkpoint, on the border with China, to Nateuy in Luang Namtha Province has...

Eight Parking Zones Planned in Vientiane Ahead of BRT Launch

To prepare for the upcoming operation of the Bus Rapid Transit (BRT) system, the Vientiane Sustainable Urban Transport Project plans to establish eight parking...

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of Industry and Commerce and the Ministry of Finance have rolled...

Laos Explores Eco-Friendly Business Through Waste Management

Urban waste in Laos is increasingly being seen as a source of business and innovation. That was the focus of a seminar held on 30...