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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...

Star Telecom Wins Stevie Award for U-Money Service

Star Telecom has received the Silver Stevie Award for Innovation in Consumer Products and Services for its u-money e-commerce solution. The telecom firm took home...

District Governments Begin Salary Payments via u-Money

The u-money service from Star Fintech is able to provide payment and funds transfer services and can be used for payment of wages and...

Thai Firm Keen to Construct ASEAN’s Largest Wind Farm in Laos

Thai energy giant BCPG Public Company has announced plans to develop ASEAN's largest wind farm in Laos, capitalizing on rising demand for energy in...

Foreign Businesses Encouraged to Apply for Friend of Laos Business Award

Foreign-owned businesses are encouraged to apply for the Friend of Laos award as part of the ASEAN Business Awards Laos 2020. Applications are now open...

ASEAN Business Awards Laos 2020 Open for Applications

Applications are now open for the ASEAN Business Awards Laos 2020, with awards to be presented at a gala event held in Vientiane on...

Star Fintech Signs Deal with BCEL for Mobile Banking Interconnectivity

Star Fintech has signed a Memorandum of Understanding with BCEL on cooperation and interconnectivity between the two mobile banking systems. A signing ceremony was held...