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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 Adopts New Laws to Boost Socio-Economic Growth

The National Assembly (NA) of Laos has officially adopted 13 laws aimed at enhancing the country's socio-economic growth. This decision followed extensive debates among...

Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion. The buses...

Laos to Implement Key Measures to Tackle Labor Shortage

Minister of the Ministry of Labour and Social Welfare Baikham Khattiya announced a series of measures to tackle the labor shortage during the seventh...

Laos: Electricity Consumption Surges 45 Percent in Three Years

The electricity sector in Laos is facing significant challenges. According to a report from the Ministry of Energy and Mines, electricity consumption has surged...

High-Tech River Management: USAID, MRC Fund Remote Sensing for Mekong Basin

The United States Agency for International Development (USAID) has entered into a grant agreement with the Mekong River Commission (MRC), pledging up to USD...

Laos: June Inflation Hits 26.2 Percent, Highest in 2024

The inflation rate in Laos in June rose to 26.2 percent, up from 25.8 percent in May, marking the highest rate the country has...