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Thursday, July 3, 2025
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Business

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more than 2.48 million tones of goods worth over CNY 10 billion (approximately USD 1.4 billion) between January and May this year, according to figures released by Chinese customs and reported by Xinhua. Both freight volume and value...

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

Vietnam Parliament Approves Raising Alcohol Tax to 90 Percent by 203

On 14 June, Vietnam’s parliament passed legislation to increase the special consumption tax on...

Costa Group Becomes Sole Concession Owner of Laos Blueberry Operations

In a ceremony held on 13 June in the city of Pakse, leading global...

Lao Coffee: A Journey Through Flavor, Heritage

In Laos' Bolaven Plateau, Champasack Province, the air is often filled with the scent of freshly roasted coffee beans.  There, each cup of coffee reflects...

Laos Welcomes Over Five Million Tourists in 2024, Generating Over USD 1 Billion

Laos has recorded over five million tourists this year, exceeding expectations and generating more than USD 1 billion in revenue, Prime Minister Sonexay Siphandone...

Lao National Assembly Opens 8th Ordinary Session to Address Key National Challenges

The 9th-tenure National Assembly (NA) opened its 8th Ordinary Session on 18 November in Vientiane. Under the leadership of Xaysomphone Phomvihane, the assembly convened...

Lao Government Encourages Diaspora to Reconnect, Invest in Homeland

On 12 November, the Lao government hosted a meeting in Vientiane aimed at encouraging Lao nationals and those of Lao descent living abroad to...

Laos to Enforce Ban on Unregistered, Unlabeled Food Products in 2025

The Lao Ministry of Industry and Commerce has announced new regulations, requiring all food products to carry proper registration, Food and Drug Department (FDD)...

Xieng Khouang to Celebrate Khao Kai Noi Festival, Showcasing Laos’ Premium Rice

Xieng Khouang Province is set to host the Khao Kai Noi Festival from 25 to 30 November, celebrating Laos’s prized Khao Kai Noi rice...