29 C
Vientiane
Saturday, November 15, 2025
spot_img

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...

Myanmar Earthquake Death Toll Tops 1,000, More Casualties Expected: Here’s What We Know So Far

LATEST UPDATE on 29 March at 12:48 PM The deadly 7.7-magnitude earthquake that rocked central Myanmar on 28 March has claimed the lives of at...

Government Considers Primary School Extension to Enhance Education System

The Lao government is considering a major change to the country's education structure, with plans to extend primary school by adding an additional year,...

Inflation in Laos Drops to 11.2% in March

Laos’ inflation rate eased to 11.2 percent in March, down from 12.7 percent in February and 15.5 percent in January, according to the Lao...

Women with Disabilities Association Brings Lao Handicrafts to the Global Stage

The Women With Disability Association (WWDA) is leading an initiative to provide opportunities for women with disabilities in Laos.  The initiative, largely funded by the...

ASEAN Unveils Guidelines for Agroecology Transitions

Member states of the Association of Southeast Asian Nations (ASEAN), in collaboration with key international partners, have officially launched the ASEAN Guidelines for Agroecology...

Australian Ambassador Pushes for Deeper Laos-Australia Economic Engagement

Australian Ambassador to Laos, Megan Jones, has called for stronger trade and investment ties between Australia and Laos, stressing the importance of opportunities in...