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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...

Honoring Excellence: Hang Lung Properties Celebrates Elevating Customer Experience with the 2023 Emerald Award

HONG KONG SAR - Media OutReach - 15 May 2023 - Hang Lung Properties (SEHK stock code: 00101) ("Hang Lung" or "the Company")...

Laos Records Trade Surplus of USD 1.39 Billion in 2022

Laos recorded a trade surplus of USD 1.39 billion in 2022, boosted by the country's electricity exports, according to the Ministry of Industry and...

Khammouane Approves 71 French Colonial Buildings as Historical Heritage Sites

Khammouane Province has designated 71 French colonial buildings and houses as historical heritage sites for educational purposes and tourism. Thakek District, located in Khammouane Province,...

The rise of conflicted consumerism: Cost-of-living prompts consumers to weight up price versus principles in buying decisions

69% of global shoppers place price as top consideration in their buying journeys ...

Medtronic Wins Top Recognition as Singapore’s Best Workplace and Best Employer

SINGAPORE - Media OutReach - 15 May 2023 - Medtronic has received the top accolades recognizing the best workplace culture and people practices:...