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Wednesday, July 2, 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...

Huawei to Boost Presence in Laos amid US Sanctions

Huawei has unveiled its latest solutions in Laos such as 5G, smart cities, smart government, and Huawei Cloud in a move that would help...

Laos Cracks Down on Illegal Foreign-owned Businesses

Laos will crack down on foreign-owned businesses operating in the country without the proper permit. The Lao government has begun to inspect foreign-owned businesses to...

Laos, Thailand Sign New Cross-border Road and Rail Deal

Laos and Thailand have signed an agreement to extend road and rail connections between the two countries worth more than THB 3 billion (USD...

Laos Swine Flu Outbreak Sees Thailand, China Ban Pig Imports

China and Thailand have both ban pork and pig product imports from Laos following the country's first outbreak of African swine fever. The first cases...

Laos Improves Trade Regulations for Foreign Companies

Foreign companies that export products to Laos will no longer require a domestic business license under new trade regulations issued by the Ministry of...

Sabaidee Japan!

Mr. Fumiyasu Sakata, from Japan, is a special advisor on Lao Airlines’ internationalization project. Recently, we were able to sit down with him to...