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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...

Laos-China Railway Issues New Parking Regulations for Lao New Year Period

The Laos-China Railway Company Limited has announced new parking regulations aimed at ensuring public safety and smooth operations during the upcoming festive period from...

Coal-Fired Power Plant in Xekong to Generate Power for Cambodia

The Phonesack Group Co., Ltd is investing USD 4 billion in the construction of a large coal-fired thermal power plant in Xekong Province, with...

Asian Development Bank Predicts 3.9 Percent Economic Growth for Laos in 2025

The Asian Development Bank (ADB) officially launched the Asian Development Outlook April 2025 at the ADB’s Lao Resident Mission (LRM) office in Vientiane. According to...

Trump Stuns With Tariff Backtrack but Punishes China

By Danny Kemp with Sam Davies in Beijing/AFP - United States President Donald Trump abruptly paused tariffs on most countries on 9 April after...

Lao Students Shine at Math, Science Olympics in the Philippines

Students from the Australian International School (AIS) of Laos have concluded this year’s Philippine International Math and Science Olympics (PIMSO). The delegation of eight students,...

Lao Universities Unite to Reform Higher Education Under EU-Funded Project

Laos is undertaking significant reforms to its higher education framework to align with international standards.  In line with this mission, from 31 March to 2...