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Saturday, November 15, 2025
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Socio-Economic Development

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...

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...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Lao Kip Hits Record Lows Against US Dollar, Thai Baht

Laos is facing significant economic challenges as its national currency continues to depreciate against foreign currencies, notably the US dollar and the Thai baht....

Laos Faces Economic Struggles Amidst Rising Inflation, Trade Deficit

Laos is grappling with ongoing economic challenges, marked by a dual struggle against rising inflation rates and a widening trade deficit. Although the year-on-year...

Lao Economic Growth Remains Below 2019 Levels, World Bank Report Reveals

Lao economic growth is facing continued challenges, with growth estimated to have remained below 2019 levels in 2023 and expected to stay below that...

Laos Faces Second Month of Trade Deficit Despite Cassava Export Boom

In February, cassava continued to dominate Laos' export market, maintaining its position as the top export product for the month. However, for the second...

United States, WHO Launch USD 10 Million Initiative to Boost Maternal, Child Health in Laos

The United States and WHO recently unveiled a new multi-year partnership aimed at enhancing maternal, and child health, and nutrition in Laos. The initiative, called...

Survey Complete for Vientiane-Luang Prabang Expressway Link

The survey and preliminary design of an expressway, linking Vangvieng district in Vientiane province to Luang Prabang province, have been finalized. This development signals...