27.1 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...

Daiso Japan Enters Lao Market

Everyone’s favorite budget-friendly chain has just made landfall in Laos, opening its doors for the very first time to the Lao public at the...

Laos Prints Largest and Longest Sovereign Bond Issue

Laos has successfully completed its largest and lengthiest bond issue, with a 14 billion baht ($419 million) six-tranche offering in the Thai debt capital...

Legal Action Against SP Financing Company Underway

Authorities have advised those who have previously purchased  vehicles from the  SP Sipathoumphone company to officially  declare their losses and file a case against...

Tax Collectors to Audit 200 Businesses to Boost Revenue

In an attempt to collect additional taxes before the end of the year, the Deputy Minister of Finance has announced that finance authorities are...

China Southern Airlines Offers Vientiane-Guangzhou Flight

As of September 27, China Southern Airlines is offering Vientiane passengers a direct flight to and from Guangzhou three times a week. The world’s fourth...

Hundreds Storm PS Lao Enterprise’s Offices

On Tuesday, September 12th, two senior executives of PS Lao Enterprise were taken into police custody following a heated dispute between the company’s co-presidents,...