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Tuesday, July 8, 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...

Infineon and Hon Hai Technology Group (Foxconn) sign MoU to partner on SiC collaboration and EV development

Leveraging Infineon's automotive system understanding and SiC product offerings, and Foxconn's capability in system-level integration, electronics...

AGON by AOC secures number 1 spot as the world’s leading gaming monitor brand

SINGAPORE - Media OutReach - 10 May 2023 - AGON by AOC – leading gaming monitor and IT accessories brand – proudly announces...

Laos Records Trade Deficit of USD 17 Million in April

The country's trade deficit for April clocked in at USD 17 million, which was the lowest figure since January. The overall value of trade in...

Construction Begins in Laos on Largest Wind Power Plant in South East Asia

Construction work has begun on a major wind power plant project in Laos following the signing of a loan agreement of close to USD...

Phillip Bank Forms Strategic Partnership with Cambodian Developer Sarita Waterside to Boost Foreign Real Estate Investments

SINGAPORE - Media OutReach - 10 May 2023 - Phillip Bank, the only Singaporean owned Commercial Bank operating in Cambodia, and its associate...

Tishman Speyer and Raffles Family Office Announce Blue Chip Collaboration to Launch APAC Real Estate Fund

SINGAPORE - Media OutReach - 10 May 2023 - Tishman Speyer, a leading global developer, owner, operator, and investment manager of premier real...