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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...

Ministry Issues Guidelines for Reopening Businesses as Lockdown Eases

The Ministry of Information, Culture, and Tourism has released guidelines for operators of restaurants, resorts, and other tourism-related businesses in line with new regulations...

Full Steam Ahead for Laos-China Railway Construction

Construction of the Laos-China Railway has resumed in full capacity following the return of foreign workers from China. According to a report in Xinhua, Laos-China...

Lao Airlines Appoints New President

National flag carrier Lao Airlines has appointed Mr. Khamla Phommavanh as its new president under the supervision of the Ministry of Public Works and...

Jack Ma Foundation and Alibaba Foundation Donate Medical Supplies to 10 More Asian Nations

The Jack Ma Foundation and Alibaba Foundation today announced plans to donate much-needed medical supplies to 10 more countries in Asia to help the...

S Korea to Help Laos Build Local Business Technoparks

South Korea is gearing up to launch a project to help Laos build hubs called "technoparks" that will nurture local businesses. South Korea's Ministry of...

LVMC (Kolao) to Sell Vehicles via Online Channel

LVMC Holdings, formerly known as Kolao Holdings, has announced that it plans to sell vehicles online via an online sales platform that it will...