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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...

Laos’ economic growth rate revised to 6.6%, floods dampen prospects

Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will...

Looking North: Opportunity has Laos’ Young Entrepreneurs Eyeing China

Partners from China willing to invest in business opportunities in Laos to supply outsized demands in their giant home market are in the sights...

AccorHotels Supports Attapeu Disaster Relief Efforts

In response to the devastation caused by the dam collapse in Attapeu, AccorHotels donated US$10,000 to the Lao Red Cross to support immediate disaster...

Celebs & Famous Faces Among Line-up to Test Drive Jaguar in Lao Capital

High-speed celebrity spotting went into overdrive at ITECC at the weekend as performers like Jo Jo Miracle, singer Aluna Thavansouk & model and actor Tot Lina joined...

Ecotourism Investment in Savannakhet Promotes Sustainable Development and Poverty Reduction

Lao PDR’s development has been rapid during the last decade, largely funded by income from natural resources driving the bulk of economic growth. The...

Laos’ PM Thongloun Confirms Hydropower Policy at WEF on ASEAN

International experts continue investigative efforts alongside Lao regulators looking into the causes of the fatal Xe Pian Xe Nam Noy dam collapse in Attapeu...