31.1 C
Vientiane
Friday, July 4, 2025
spot_img

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...

LXML Handover Artifacts Discovered in Sepon Mine to Government

Today, Lane Xang Minerals Limited Sepon (LXML) handed over more than 7,800 artifacts to the Lao Government. These artifacts – made up of copper,...

VietinBank Opens Laos Headquarters in Vientiane

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has inaugurated the headquarters in the Lao capital Vientiane, a move that comes amid...

Morning Market Mall Complex Slated for Redevelopment

A press conference was held last Friday at Vientiane’s Talat Sao (Morning Market) Mall to inform the public of the future of the market...

EDL-Gen Decides No Dividend Payout for First Six Months of 2019

The board of directors of EDL Generation Public Company (EDL-Gen) has decided no dividend payout after the firm reported a loss of LAK 147.15...

Laos to Offer Free Wi-Fi at Landmarks in Vientiane

Laos has launched a project to offer free Wi-Fi at landmarks in its capital Vientiane in a move to cater to not only the...

Laos to Develop Gold Mine in Xaysomboun

Laos, home to one of the largest gold mines in the world, is set to see a new gold mine operation commence in Xaysomboun...