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Tuesday, July 1, 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...

FPT University and Sengsavanh Group to Offer First International Tertiary Education in Laos

The Sengsavanh Education Group, one of the largest education firms in Laos, has made preparations to become the first college in Laos to offer international tertiary...

Central Bank Approves Only 3 QR Payment Services in Laos

The Bank of Laos (BOL) has issued a statement to the general public regarding the use of QR code payment services being offered by financial institutions that...

Laos Making Efforts to Improve Ease of Doing Business

The government of Laos is making efforts to improve the ease of doing business in the country by streamlining the process for business registrations. According...

Wonderful Indonesia Center to Open in Vientiane, Promote Business and Tourism

Indonesia will begin promoting its potential as a business and travel destination to the people of Laos through the establishment of its Wonderful Indonesia...

Lao Government Warns Public About Dangers of Financial.org

The Lao government has issued a notice warning members of the public against investing in bogus investment broker, financial.org, and calling on those who...

Vientiane Bus Company Announces Fare Increases

The Vientiane State Bus Enterprise has raised the price of bus tickets for bus routes within the capital city due to constant hikes in fuel prices...