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Saturday, November 15, 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...

Laos, Vietnam to Introduce Kip-Dong Cross-Border Payment System

Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the...

First Cold-Chain Train Connects Yunnan with Vientiane

China has introduced its first refrigerated freight train service from Yunnan Province to Laos via the Lao-China Railway, marking a significant step in enhancing...

Government Considers Increasing Employee Allowances to Counter Rising Costs

To address the growing cost of living, the Lao government is considering a proposal to raise allowances for employees in enterprises. This topic is...

First Meteorological Tower to be Installed for Savannakhet Wind Farm Projects

On 22 August, a groundbreaking ceremony was held for the first meteorological tower in Nathou village, Phin district, Savannakhet Province. This tower will collect...

Laos Boosts Modern, Traditional Medicine Management to Improve Public Health

The Lao Ministry of Health has introduced a set of measures aimed at improving the management of both modern and traditional medicines in a...

Early Completion of Savannakhet Bridge Boosts Connectivity

Savannakhet celebrated the early completion of a new bridge across the Xechamphone River in Nathom Village, Atsaphone district on 20 August. The 100-meter-long bridge was...