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Friday, November 21, 2025
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Economy

Laos Launches Major Local Government Shake-Up with 640 New Sub-Districts

The government has greenlighted a nationwide overhaul of local governance, approving the establishment of 640 new sub-districts, or Taseng, which will replace villages as the country’s primary administrative units.  On 18 November, Prime Minister Sonexay Siphandone officially signed the decree following National Assembly approval last week, setting the stage for...

Luang Prabang Opens New Training Hub to Boost Hospitality Skills

On 12 October,  Laos launched the Luang Prabang Hospitality Training Center, a facility dedicated...

Four Bridges Along Route 20 in Salavan Almost Half Way to Completion

The construction of four bridges along Route 20 in Salavan Province has reached 49...

Lao Government Rolls Out USD-10-Million Electricity Subsidy

Starting this September, households in Laos that use up to 300 kilowatt-hours (kWh) of...

Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and...

Bank of Laos Raises Interest Rate to 10% Amid Economic Challenges

The Bank of the Lao PDR (BOL) has announced an increase in its interest rate for short-term loans from 8.5 percent to 10 percent...

Global Reading Crisis: 300 Million Children at Risk by 2030, Report Says

More than 300 million children, representing 37 percent of all young people worldwide, will fail to achieve basic reading proficiency by 2030 if immediate...

Crackdown on Corruption: Lao Officials Push for Severe Penalties

The government has lost significant sums of money to corruption, with the State Inspection Authority identifying development and investment projects, especially roads and bridges,...

Chinese Girl Sparks Debate After Entering Global Math Contest Finals

Jiang Ping, a 17-year-old student in China, has sparked debate on mathematics and education after she was shortlisted for the 2024 Alibaba Global Mathematics...

Laos, Vietnam to Launch Cross-Border QR Payment Service in August

Laos and Vietnam will launch a cross-border QR payment service to enhance tourism and economic exchanges between the two nations. The service is expected...

More Than 415,000 Lao Workers Abroad Affecting Domestic Labor Market

Over 415,000 Lao workers are currently employed abroad, exacerbating a labor shortage in the country, as highlighted by Baykham Khattiya, Minister of Labor and...