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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...

Laos Clarifies Business Requirements for Vehicle Industry

Laos has promulgated a new prime ministerial decree clarifying the import and export of vehicles, dealerships, and assembly plants as different types of business. According...

Magic Lao Carpets

Carpets with a positive impact woven right in In a bustling workshop in the backstreets of inner-city Vientiane, agile fingers are hard at work and...

Japanese Firm to Import Lao-Lao Alcohol to Okinawa

Japan’s Okinawa-based Co-Op Okinawa is to import and sell Lao-Lao (Lao rice whisky) brand “Chura Lao” in Okinawa from as early as the beginning...

Japan’s Air Water Eyes Lao LPG Market via New Vietnam Unit

Japanese energy and chemical firm Air Water is to launch a Ho Chi Minh City-based unit through acquisition of major shares in a domestic...

Lao Securities Exchange to Close on Dec 27-Jan 1, 2020

The Lao Securities Exchange (LSX) has announced that it will be closed from December 27 to January 1, 2020, for last three business days...

Lao Stock Exchange Resumes Trading of PCD

Lao Securities Exchange (LSX) has announced that it resumed the stock trading of Phousy Construction and Development Public Company (PCD) as of November 29....