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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...

Nikon Cuts Workforce in Laos and Thailand

Nikon has published a revised financial forecast, releasing its 2020 fiscal year financial results, and announcing it has had to cut ten percent of...

Lao Government Approves Singaporean Clean Thermal Project

A Singaporean-Lao joint venture has signed a memorandum of understanding with the Lao government for the development of a clean thermal fired power plant...

Railway Tracks Laid Through Tunnel in First for Laos-China Railway

Railway tracks have been laid through a tunnel along the Laos-China Railway for the first time, marking a historic achievement for the project. According to...

Souphattra Residence: A Classy Addition to Vientiane’s Rental Market

Located in Sisattanak District in Vientiane, Souphattra Residence consists of 20 beautifully designed townhouses, showcasing the rich classical style and luxury for which the...

Chifeng Jilong to Restart Gold Production at Sepon Mine in Laos

China's Chifeng Jilong Gold Mining Co has said it will begin processing gold ore from its mine in Sepon, Laos, after a six-year hiatus. According...

Meet LOCA GRO: Laos’ Newest E-Commerce Service

The creators of Laos' first ride-sharing app, LOCA, have just launched their latest online service called LOCA GRO, an on-demand grocery shopping application. LOCA GRO...