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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...

Passengers Plus: 2nd Terminal In Plans for Wattay International Airport in Laos’ Capital Vientiane

Increasing passenger numbers via Vientiane's Wattay Airport as Laos pushes plans for a second terminal forward in capital. The latest push comes after the completion and opening of a...

Infrastructure Development To Keep Laos Economy Growing Despite Headwinds, World Bank Says

Global economic headwinds are impacting on the East Asia Pacific, yet large infrastructure projects are still expected to accelerate economic growth in Laos, according to...

25 Year Span: Lao-Thai Friendship Bridge Quarter Century Anniversary Arrives Via Australian Aid

Hundreds of thousands of cross-border passenger and vehicle trips each year are made possible by the first friendship bridge that crosses the Mekong from Laos' capital...

Max Mara vs Laos’ Oma Ethnic Group: Fashion Chain Facing Claims of Textile Plagiarism, Design Theft

The Laotian Times looks at the plagiarism accusations lodged against fashion chain Max Mara by the Traditional Arts and Ethnology Centre. In doing so, we...

Future Electric: EV Destiny Driving Rapidly Towards Laos

Promising prospects for electric vehicles (EV) in Laos as an agreement signed between power producer ລັດວິສາຫະກິດໄຟຟ້າລາວ EDL and electric-powered vehicle proponents EVLao, The Laotian Times reports. Looking to...

Flying In: Singapore’s Scoot Swoops Into Laos’ Vientiane, World Heritage Listed Luang Prabang

Flying from Singapore to Laos and beyond just got easier after Scoot launched its inaugural flights from the city-state to the jewel of the Mekong. The...