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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...

First Direct Export of New Energy Buses from Guizhou to Laos Begins via China-Laos Railway

CGTN - A train carrying 28 China-made new energy buses departed on 28 October from the Dulaying International Land-Sea Logistics Port in Guiyang, Guizhou...

Lao Durian Sector to Focus on Export Growth to China

On 24 October, government officials, agricultural experts, and representatives from the private sector gathered to discuss enhancing the Lao durian sector for export to...

Vientiane Special Economic Zones Attract Over USD 622 Million in Investment in First Nine Months of 2024

During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD...

September Trade Figures Show Drop in Exports, Imports for Laos, Excluding Electricity

In September, Laos recorded a total foreign trade valuation of USD 1,064 million, marking a 12 percent decline from August, according to the Lao...

Hong Kong Eases Visa Rules for Lao, Cambodian, and Myanmar Citizens

Hong Kong has announced relaxed visa rules for nationals of Laos, Cambodia, and Myanmar, making it easier for them to apply for multiple-entry visas...

Scoot Airlines Expands Flights to Laos Starting December

Singapore’s Scoot Airlines will increase its flights to Laos from three to four per week beginning in December. This announcement follows Singaporean Prime Minister Lawrence...