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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...

Milk and More

It was an innocent question about buffalo curd that started four expats on a life-changing journey to rural Luang Prabang. Australians Susie Martin and Steven...

Vietnamese Citizen Behind Fraudulent Laokham Company

The director of Laokham Consultant Investment Sole Co Ltd, which defrauded the public into making investments, has been named as Vietnamese national Vu Manh...

Laokham Executive Detained for Defrauding Investors

Economic police in Vientiane Capital are holding the founder of Laokham Consultant International Investment Company in custody after members of the public accused the...

Tilleke & Gibbins Publishes 2018 Doing Business in Laos Guide

The Laos chapter of Global Guide 2018: Doing Business In..., a guide published by Practical Law in association with Lex Mundi, presents a comprehensive Q&A-style...

ANZ Bank to Close Retail Services in Laos

ANZ has announced the closure of all retail products and services in Laos following the sale of its retail and wealth businesses across the...

Chinese Investors Urge Lao Government to Improve Visa Procedures

Chinese investors have urged the Lao government to improve visa issuance procedures, saying that the current system is unsuitable and sluggish. The concerns were raised when...