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Friday, July 4, 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...

KB Kolao Leasing Enters Lao Local Leasing Market

Feb 13, Vientiane Capital - As a part of its regional expansion strategy, the KB Financial Group, a South Korean financial holding company, has...

Lao Telecom to Increase Investment for Improved Services and Market Growth

Lao Telecommunications Company (LTC) expects to see expansion of its network and telecommunications systems this year in an effort to improve services and gain...

BCEL Opens E-Banking Network to Krungsri Customers

Banque pour le Commerce Exterieur Lao (BCEL) has signed an agreement with Krungsri Leasing Services granting use of its electronic banking services to customers...

Lao Dairy Farm Milking the Market in Vientiane Capital

Lao Dairy Farm has already become the leader of the fresh milk market in Laos, saying the quality of its Crysta brand milk is...

Chinese Machine-made Lao Skirts Affecting Traditional Sales

Chinese machine-made imitations of traditional Lao skirts and ornamental dress accessories are having an effect on the sales of handmade Lao products. A recent Vientiane...

Korean Firm DGB Financial Group Establishes Leasing Business in Laos

DGB Financial Group from the Republic of Korea has expanded its financial business into Laos, after the company performed well in its home country. The...