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Saturday, July 5, 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...

POS Launch Party at Naked Espresso Khamkhong

Owner of popular Naked Espresso cafe franchise, Mr Ariya Khamvongsa, emphasized the importance of cooperation and camaraderie among cafe and restaurant owners, at a...

Riding the Globalization Wave

Driving through the capital city of Vientiane, its apparent that in the past five years, the country has stepped up its globalization game. With...

Star Telecom Wins Bid to Develop Population Management for Laos

On June 9th, the Ministry of Home Affairs signed a contract allowing Star Telecom (widely known as Unitel) to move forward in developing the Population...

Private Businesses Struggle to Find Financing

Business banking in Laos has taken a severe hit in the past few years as government officials have started limiting funds that have been...

ITECC Mall Hosts Top Thai Brands 2017 Trade Fair June 7-11

For the first time in Laos, ITECC Mall will host the Top Thai Brands 2017 trade fair, with over 300 booths stocked and displayed...

Popular Lao Enterprise Still Involved in Illicit Activity With Public Funds

PS Lao Enterprise, a company that produces food items such as meat, fish, rice, drinking water and imports various grocery and consumer products in...