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Sunday, July 6, 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...

Ridesharing Service LOCA Now Available in Luang Prabang

Lao ridesharing service LOCA has begun its trial service in the city of Luang Prabang, aiming to provide 24-hour service in the northern tourist...

LVMC (Kolao) Acquires GMS Trading in Laos, Eyes New Business

LVMC Holdings, formerly known as Kolao Holdings, has announced that it acquired 100 percent shares in GMS Trading Sole in Laos for USD 357,623. The...

Thailand Hopes to Attract Affluent Lao Tourists

Thailand will push health and wellness tourism and shopping to attract high-income tourists from Laos. The Tourism Authority of Thailand (TAT) plans to team up...

Thai E-Sports Firm Raises Funds to Expand in Southeast Asia, Laos

Bangkok-based startup Infofed has received JPY 5 million ($45,700) from Japanese gaming media company GameWith, with a plan to expand in several Southeast Asian...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Meet Your Amazing New Office in Vientiane

An average 21st-century person spends most of their waking hours in the office instead of with their families or at their homes. That’s why...