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Thursday, July 3, 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...

Vientiane’s Mercure Hotel To Shut Doors As March 1 Closure Announced

Mercure Hotel chain has announced the closure of its Vientiane property from March 1, 2019. The Mercure is set to continue trading until February 28 shutting its...

Farewell M Point Mart? Sabaidee Mini Big C! Lao Capital’s Leading Convenience Store Chain Rebranding Begins

Laos’ capital’s convenience store chain M Point Mart is set for an overhaul as Vientiane's Phontan store staff confirm joint venture set see the city's...

Inflight Magazine Offers Special Advertising Discount for Lao Products

Champa Meuanglao, the official inflight magazine of Lao Airlines, is offering a special promotion to Lao businesses that create and sell their own products....

Dreams Woven in Silk: The Sakoun Lao Story

Lost in the glittery world of her mother’s old magazines, Malathip Phenglamphan took a keen interest in embroidery and design from an early age....

Thailand May Reinstate Land Border Entry for Expats in Neighboring Countries

Could the cross-border retail and recreation-related dreams of foreign expatriates, non-diplomats and other non-Lao-non-ASEAN-passport-holding residents in Laos be about to come true across the Mekong in Thailand...

The View from the Top: The New President of Lao Airlines

Distinguished aviation veteran Mr Bounma Chanthavongsa has been officially appointed as the new president of Lao Airlines. Champa Meuanglao caught up with him at...