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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...

Attapeu Exceeds 2025 Revenue Budget Target with Strong Economic Growth

Attapeu Province reported a revenue budget of over LAK 1,230 billion (USD 56.7 million) in the first nine months of 2025, reaching 116 percent...

Attapeu Approves South Korean Firm for 5-Megawatt Solar Project

Attapeu Province has approved a South Korean firm, SBIN Corporation, to develop a 5-megawatt solar power project, adding to the province’s growing portfolio of...

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the Laos Statistic Bureau showing that inflation reached four percent in...

Houaphanh Kicks Off Radio & TV Station Project With Support From Vietnam

On 27 October, Houaphanh Province launched the construction of its new provincial radio and television station, strengthening local media infrastructure. The ceremony took place at...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at strengthening the national financial system and ensuring long-term monetary stability. During...

Vang Vieng Under Review for ASEAN Clean Tourist City Award

Vang Vieng, one of Laos’ most popular tourist destinations, is under evaluation for the ASEAN Clean Tourist City Award 2026.  Officials from the Ministry of...