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Monday, July 7, 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...

Xayaburi Dam Dispels Rumors of Role in Dry Mekong River

Amid an ongoing drought and low water levels, the state of the Mekong River is a topic that is animating discussion along the watercourse,...

Laos to Build World’s Largest Floating Solar Power Project at Nam Ngum 1

A signing ceremony was held yesterday for the development of a floating solar power plant on the surface of the Nam Ngum 1 dam...

Lao Official Urges Clarity in Hiring of Lao Workers for China Railway Project

A senior Lao government official has urged better management of the recruitment process of Lao workers and information about the jobs available for the...

Luang Namtha to Become New Regional Transport Hub

Laos's northern province of Luang Namtha is poised to become a regional transport hub with investment in a dry port, leveraging its strategic location. The...

Major Real Estate Expo in Vientiane Postponed amid Coronavirus Concerns

Digital Classifieds Lao, organizer of the Banlao.la Homes, Loans and Lifestyle Expo 2020, officially announced the postponement of the event until the end of...

Laos to Introduce New Income Tax Rates for Businesses and Employees

Laos will implement new income tax rates for businesses and employees on February 17, in a move to improve tax compliance as well as...