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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...

ANZ Laos Holds Food, Beverage and Agriculture Forum

Improved domestic cross-border transport and logistics, coupled with widening and deepening demand for clean, green vegetables and fruit both in neighboring China and across...

Bank of Laos Warns Public Against Use of Cryptocurrencies

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated...

Laos Is Second Most Expensive ASEAN Country to Buy Fuel

An official from the Ministry of Energy and Mines revealed that Laos placed second in the list of the most expensive ASEAN countries in which...

LOCA: Meet Laos’ First Ride-Sharing App

Not surprisingly, to make my way over to LOCA headquarters for this story, I downloaded and installed the LOCA app. A vehicle was sent...

Thailand’s Major Cineplex Moves into ITECC Shopping Mall

In its bid to become the top regional cinema chain operator, Thailand's Major Cineplex has reached an agreement with TK Group, the parent company...

Revitalized Lao Airlines Magazine Celebrates One Year Anniversary

13 July – RDK Group, a Vientiane-based translation and marketing consulting firm, together with Lao Airlines, has recently hosted a one-year anniversary event celebrating...