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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...

President Thongloun Sisoulith to Attend Nikkei Forum 2025

President Thongloun Sisoulith will attend as speaker in the 30th International Conference on the Future of Asia in response to the invitation of the...

Vietnam’s Vingroup Eyes Multi-Million Dollar High-Speed Rail Project

AFP - Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multi-billion-dollar high-speed railway from Hanoi to Ho...

Green and Smart Mobility Launches EV Platform, VinFast Car Sales in Laos

On 17 May, Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service officially...

Ireland, WFP Back Climate-Resilient Farming for Women in Northern Laos

Press Release - The Ambassador of Ireland to Laos, Deirdre Ní Fhallúin, announced on 16 May Ireland’s funding of EUR 400,000 (approximately USD 432,000)...

Cassava Exports from Laos Surge as Railway Boosts Trade Efficiency

Cassava exports from Laos have grown significantly in early 2025, thanks to increased shipments along the Laos-China Railway.  In the first five months this year,...

Thai Energy Minister Visits Laos to Expand Cross-Border Electricity Trade Amid Corruption Probe

Thailand’s Deputy Prime Minister and Energy Minister, Pirapan Salirathavibhaga, arrived in Laos today on an official visit aimed at deepening energy cooperation, even as...