27.9 C
Vientiane
Wednesday, July 2, 2025
spot_img

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...

Laos-China Ties Flourish

With 70 percent of Beerlao’s exports going to China, it is evident that Laos and China have bolstered ties all across the board. In 2011,...

Nam Ou 3 Dam Eliminates River Cruises

On Monday, November 20, a river cruise option popular amongst tourists and locals on the Nam Ou River in Laos, was officially cancelled  as...

Asia’s Largest Independent Communications Network Looking to Expand in 2018

Siem Reap (Cambodia) - The GO Group, Asia’s largest independent public relations, marketing and strategic communications network held a leadership summit for its associates from...

Officials say Visit Laos-China Year 2019 Likely to Happen

With Visit Laos Year 2018 officially launched, talks of possibly introducing a Visit Laos-China Year 2019 have arose. A minister has confirmed that Lao officials have...

Laos Eliminates Minimum Registered Capital Requirement for Foreign Investment

Last week, the Ministry of Industry and Commerce issued a notification, No.2633/cabinet/MOIC to all Industry and Commerce offices in Vientiane Municipality, provinces and districts...

Analysts Concerned with Laos’ Rising Debt

For the first time in twenty years, analysts have drawn their concerns back to potentially unsustainable debt that has been accruing in the region....