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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...

Phishing Site Claims to be BCEL One in April Fools Prank

Online scammers have just gotten trickier and this time they were after the sensitive financial data of state bank BCEL's faithful customers, and launching it on...

The UK’s Heathfield International School Brings New Standards to Laos

The United Kingdom's Heathfield International School has recently arrived, making Vientiane the home of its second branch in Asia (the first being in Bangkok), bringing new standards to Laos. Heathfield International School Vientiane uses the...

Thongkhankham Market Opens in Vientiane

The new modern commercial complex known as Thongkhankham Market in Vientiane has officially opened to the public since it had begun construction in 2015. The...

BCEL Partners with Thanachart Bank for QR Code Banking in Thailand

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has entered into a strategic partnership with Thanachart Bank of Thailand to bring QR Code payment...

TKI Insurance Causes a Stir in the Lao Insurance Market

Two newly formed insurance companies based in Vientiane, TKI Life Insurance and TKI General Insurance, are expecting to conquer the life and general insurance markets in Laos with packaged...

How to Tell the Difference Between Real and Fake Lao Bank Notes

The central bank of Laos (Bank of Laos) has issued public leaflets detailing how to tell if the banknotes we are using are fake. Fortunately, authentic...