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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...

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...

Lao MSMEs Struggle with Financing, Bureaucracy Despite Economic Growth

Micro, Small, and Medium Enterprises (MSMEs) in Laos face ongoing challenges, including limited access to finance, complex administrative procedures, and poor business documentation, according...

Laos, Republic of Korea Celebrate 30 Years of Diplomatic Relations with Launch of Lao Digital Park

Laos and the Republic of Korea (ROK) are celebrating 30 years of diplomatic relations by launching the Lao Digital Park Project, a landmark initiative...