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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...

Chinese Firms Sign USD 184m Deals to Buy Goods from Laos

Chinese firms have signed contracts worth CNY 1.3 billion (around USD 184 million) for the purchase of goods from Laos, mainly agricultural products. The agreements were signed as the 2019 Sino-Laos Investment Fair concluded Friday in Kunming, the capital...

foodpanda Launches in Laos with Over 300 Restaurants on Board

foodpanda, the on-demand international food delivery service, has officially launched in Laos with over 300 restaurants on board. Heading to the capital first to open...

Laos Engages International Rating Agencies for International Dollar Bond Debut

The Lao Government has engaged Standard Chartered, JP Morgan, and Credit Suisse for its planned international US dollar bond debut. In December of 2015, Laos...

Lao Telecom Launches Country’s First electronic SIM card Service

Lao Telecom has launched the country’s first eSIM activation service by teaming up with 10T Tech, an eSIM Solutions Company based in Hong Kong. The...

Kualao Unveils New Function Halls In Honor of 25th Anniversary

Kualao Restaurant, recognized as one of the country’s most popular authentic Lao food restaurants, celebrates its 25th anniversary in business by launching two fully...

SureStay Hotel opens in the Heart of Vientiane, Laos

Best WesternHotels & Resorts continues to introduce its innovative SureStay Hotel Group to exciting new destinations across Asia with the opening of a new...