26 C
Vientiane
Tuesday, November 18, 2025
spot_img

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...

Seno Grilled Chicken Earns Official Recognition as Savannakhet’s New Symbol

On 12 December, Seno Grilled Chicken was officially recognized by Savannakhet authorities, becoming a new symbol of the central Lao province. It all started in...

New LEAD Project Aims to Improve Education, Professional Development in Laos

To enhance higher education in Laos, the United States Agency for International Development (USAID) has launched the "Laos Higher Education for Accelerated Development (LEAD)"...

Australia, Laos Work Together to Improve Education Sector in Savannakhet.

The Australian Embassy, in collaboration with the Ministry of Education and Sports of Laos, visited Savannakhet Province last week to monitor the progress of...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen has donated USD 70,000 to improve educational facilities at the...

Lao Government Sign USD 150 Million Agreement with Asian Development Bank for Four Projects

On 12 December, the Asian Development Bank (ADB) signed a loan and 16 agreements with the Lao government for a total of four projects,...

Laos, Korea Launch Water Management Project to Boost Agriculture

Laos and South Korea have launched a USD 5.6 million partnership to improve water management and agricultural practices in Laos, focusing on sustainability and...