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Sunday, November 16, 2025
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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...

Lao Government Aims to Boost Tourism in Luang Prabang, Addressing Infrastructure, Industry Challenges

The Lao government has announced plans to address and improve tourism in Luang Prabang, focusing on creating a more efficient and inclusive experience for...

Laos, Singapore Partner to Launch Singapore International Institute for Enhanced Vocational Training

Laos has recently advanced vocational training and education by partnering with Singapore to create the Singapore International Institute. This new institute aims to expand...

Hundreds of Delegates from 28 Countries Unite in Bangkok for the 15th AYIMUN, Paving the Way for Global Youth-Led Diplomacy

The 15th Asia Youth International Model United Nations (AYIMUN) has concluded successfully, marking four days from 1 to 4 November of intense and inspiring...

High Honors, Higher Expectations: Red Certificate Sparks Debate Among Young Lao Graduates

In Laos, as the job market grows more challenging, people are questioning the true value of academic accolades, particularly the "red certificate," a mark...

Salavan Province Teams Up with Singapore for New Wind Power Project

Salavan Province has launched plans to build its first wind power production after joining forces with a Singapore-based company to conduct a feasibility study...

Laos’ Inflation Rate Drops to 20.7 Percent in October

Laos's inflation rate dropped slightly in October to 20.7 percent, down from 21.7 percent in September, according to official reports. According to data from the...