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Thursday, November 13, 2025
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Economy

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 with China Jianxai International Economic and Technical Cooperation Co., Ltd. to construct and maintain a 15.03-kilometer (from kilometers 121-136) section of National Road No. 2W, linking Oudomxay and Xayaboury Provinces. The USD 10 million project includes...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to...

Laos Launches Second Phase of Public Financial Management Project

Laos has received USD 17.5 million in support from the World Bank for the...

New Boten-Mohan Shuttle Enhances Connectivity, Regional Integration

On 3 November, Laos and China officially launched the cross-border shuttle service between Boten...

Luang Prabang Launches Startup Ecosystem Initiative with South Korea

Luang Prabang Province in Laos is making strides to boost its startup ecosystem through a collaboration with Sejong City and the Hannam University Consortium...

Fighting Corruption: Laos Recovers Millions in 2024

Corruption continues to pose a significant challenge in Laos, with total losses amounting USD 32.1 million in 2024, according to the State Inspection and...

Laos to Enhance Truck Weighing Stations to Prevent Road Damage

On 26 November, Ngampasong Muangmani, Minister of Public Works and Transport, addressed concerns about road damage caused by overloaded trucks while highlighting efforts to...

YSEALI Summit 2024 Inspires Regional Collaboration Through Creative Economy

From 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024 brought together 100 young leaders from across ASEAN and Timor-Leste...

Lao Bullion Bank Officially Opens Its First Financial Institution in Laos

On 3 December, a ceremony was held to celebrate the official launch of Lao Bullion Bank at the office building in Ban Phonxay, Xaysettha...

United Nation Expert Calls for Greater Protection of Cultural Rights in Laos

Laos is taking significant steps to preserve its cultural heritage and celebrate ethnic diversity through various government initiatives. However, challenges remain in fully protecting...