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Vientiane
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...

Laos, Switzerland Strengthen Efforts to Improve Dam Safety

Laos and Switzerland have reaffirmed their commitment to safer hydropower development with the successful convening of the Steering Committee meeting for the Dam Safety...

First Lao Student in Morocco Wins Top University Award

Khanpangna “Eno” Khounsy, a 24-year-old student from Laos, has made history by becoming the first Lao national to receive the prestigious Prix d’Excellence from...

Laos Sets Sights on Becoming Asia’s Gold Trading Powerhouse

Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years. At...

Laos Begins Transition to Underground Power, Communication Cables

Laos has launched a new infrastructure project aimed at relocating internet, communication, and low-voltage electricity cables underground. The move is expected to improve public...

Renovation of Vientiane’s Sithong Road to Be Completed by Year-End

Vientiane’s popular Sithong Road, connecting Route 13 North and ASEAN Road, is undergoing a major upgrade, with construction expected to finish by the end...

United Nations Rights Review Applauds Laos’ Engagement but Flags Deep Concerns

On 29 April, the United Nations Human Rights Council commended Laos for collaborative participation in the Universal Periodic Review (UPR), but fundamental rights issues...