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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...

Fuel Prices Rise Starting 16 January

The Ministry of Industry and Commerce (MOIC) has issued a notice to all fuel providers across the country of a price hike in fuel...

Big Blue Wins Billboard Contract for Visit Laos Year 2018

The Ministry of Information, Culture and Tourism (MOICT) has recently signed an agreement with Big Blue Advertising Agency awarding them the preferred rights to setup all billboards...

The United Kingdom: 10th Largest Investor in Laos

While Laos' geographic neighbors China, Vietnam and Thailand dominate its top ten list of foreign investors, an unlikely contender claims the 10th spot, and it is not...

Lao Magazines Still Relevant, Despite Digital Onslaught

Almost a decade ago, Lao magazines were the hottest thing and a preferred medium for educated and savvy, urban professionals and public servants. Filled with intriguing content, titles like Mahason and...

Phongsavanh Group to Hold Share in Khonkaen Airlines

Khonkaen Airlines could become a reality if a three-way joint venture between Phongsavanh Group of Laos, Mekong Group from Singapore, and the Khon Kaen...

OnePay Kicks Cash to the Curb in Laos

Cash is king in Laos, but the crown might soon be toppled as OnePay sparks a revolution. Walking the streets of Laos with a pocket...