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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...

Seven Shades of Indigo: The Laha Story

In spiritual terms, indigo is the colour of intuition and perception. In fashion terms, it’s synonymous with denim – deep of hue and naturally...

Coffee, bagels and a loving push (the true Joma story)

Words: Francis Savanhkham Photos: Phoonsab Thevongsa Way back in 1994, a Canadian living in Vientiane opened a bakery. Much and More, as it was then called,...

Korea Eyes Laos and Cambodia for E-commerce Opportunities

A Capacity Building Workshop for expanding business opportunities in e-commerce has been organized by the ASEAN-Korea Center in Vientiane for Wednesday, July 5, 2017. Organized...

Lao Airlines Searches for Overseas Shareholders

Government officials have announced that they are in the process of pursuing a strategic partner for the state-owned enterprise, Lao Airlines, in an effort...

Coffee Giant Dao-Heuang Owes 27 Billion kip to Lao Farmers

After falling several months behind in payments for raw beans, one of the largest firms in Laos, Dao-Heuang Group, has racked up  an estimated...

Frustrated Road Users Insist Government Take Over Tolls

Frequent commuters and traders on Road 16 in Champassak province, are voicing their discontentment on the high toll fares collected on the road that...