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Wednesday, July 9, 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...

Sanakham Dam Impact Assessment Should be Broadened with Up-To-Date Information

The Sanakham hydropower project developer and the Lao government should widen the project’s impact assessment and propose additional measures to mitigate potential adverse impacts...

Mini Big C to Distribute Larger Volume of Products Made in Laos

Mini Big C in Laos is preparing to stock a greater variety of products made in Laos for distribution in their branches around the...

Lao Brewery Company Pays 2 Trillion in Taxes

Lao Brewery Company is one of the top taxpayers in Laos, making annual tax payments of over LAK 2 trillion each year. According to a...

Vientiane Markets and Malls Move to Reduce Plastic

Seven shopping centers and two markets in Vientiane Capital have agreed to reduce their reliance on single-use plastic under a plan expected to commence...

Lao Derm Group Opens Souphattra Serviced Apartments Vientiane

Lao Derm Group is pleased to announce the opening of the Souphattra Serviced Apartments Vientiane. This is the third property to be launched under...

RHB Bank Lao Appoints New CEO

RHB Banking Group has appointed Frankie Choong Seang Heng as new chief executive officer of RHB Bank Lao. Frankie has more than 30 years’ experience...