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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 Signs Clean Energy Deal with Chinese, Singaporean Firms

Laos has taken another step toward expanding its clean energy sector by signing a USD 1.45 billion agreement with China Western Power Industrial and...

Laos Ranks 7th in ASEAN for Education Amid Thailand’s Rejection

Laos has been ranked 7th in ASEAN and 102nd in the world for education, according to the latest assessment by World Population Review.   The rankings...

Laos Achieves Trade Surplus of USD 310 Million in February

Laos recorded a trade surplus of USD 310 million in February, as the total value of imports and exports (excluding electricity) reached approximately USD...

Nam Theun 2 Marks 15 Years with Golf Classic in Vientiane

On 15 March, Nam Theun 2 Power Company Limited (NTPC) celebrated its 15th anniversary with the Nam Theun 2 Golf Classic, held at the...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...

Former Electricité du Laos Officials, Contractors Face Prosecution Over Corruption

A former Deputy Director of Electricite du Laos (EDL) and four contractors, including one foreign national, are facing prosecution for corruption and fraud involving...