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Wednesday, July 9, 2025
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Business

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export opportunities, with USD 68.5 million in support from the Asian Development Bank (ADB) and partners to modernize agriculture in six climate-vulnerable provinces. The new Sustainable Agrifood Systems Sector Project, running from 2025 to 2030, will focus...

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...

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...

Centara Expands Further in Laos with Two Vang Vieng Resorts

Centara Hotels & Resorts has expanded its footprint in south-east Asia following the signing of hotel management agreements for three new properties. One resort is...

Phu Bia Mountain to be Developed as New Tourism Site

Authorities in Laos have approved the development of Phu Bia Mountain as a sustainable development tourism site. According to a report by Vientiane Times, Khamphay...

Government Approves Sale of Land Along Vientiane’s 450 Years Road

The government of Laos has approved the sale of land along either side of the 450 Years Road in Vientiane Capital. The Vientiane Capital Department...

Treasury, Star Fintech Ink Deal On Salary Payments Using U-money

On Wednesday, Ms Vanphone Phommasone, Director General of the National Treasury Department, Ministry of Finance, and Mr Luu Manh Ha, General Director of Star...

Lao Airlines Undertakes First C4 Check of Airbus A320

Lao Airlines has undertaken crucial maintenance work on an Airbus A320 for the first time without relying on assistance from foreign entities. Lao Airlines...

Star Fintech Celebrates Two Years of U-Money Service

On December 9, 2020, at the Hall of Star Telecom Co., Ltd, a ceremony was held to celebrate the 2 Years Anniversary of the...