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Friday, July 4, 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 to Tighten Management of Exchange Rates

The Lao government has stressed the need to tighten the management of currency exchange rates amid the widening gap between the official and market...

Lao Securities Exchange Calls Out Firm for Failing Discloser

The Lao Securities Exchange (LSX) has designated Phousy Construction and Development Public Company (PCD) as an “Unfaithful Disclosure” Corporation, after PDC failed to disclose...

Can Laos Benefit from Farming Duckweed?

Duckweed, locally known as “Phuck Nae” is not new to many people in Laos where it is consumed as a food supplement. What people...

Laos to Join Regional Electric Vehicle Boom

Laos has launched a new electric vehicle project, joining its neighbors in Southeast Asia where the growth of the EV market is set to...

Laos Wins Case Against Foreign Investors in Casino Arbitration

Laos has won over foreign investors in the latest arbitration of an international court case involving the casino industry. The International Centre for the Settlement...

Laos, Thailand To Build Another Friendship Bridge

Laos and Thailand are considering the construction of one more friendship bridge to connect the two countries in a move that would link Vientiane...