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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...

BCEL-KT: Trade Summary (Jan 5, 2017)

Trade Summary LSX kept its upward movement, adding 40.71 points to the market index to finish at 1,142.56 points, while BCEL touched the ceiling price...

New Mobile Banking App for Joint Development Bank

Joint Development Bank (JDB) has announced plans to offer a mobile banking app this year. The mobile banking app will provide customers with a...

Gift Basket Sales Drop This Year

Many retailers in Vientiane have seen a decline in sales of gift baskets during the year-end shopping season. Gift baskets are top selling items among...

Laos Gets $850,000 Containerized Data Center

Laos' first state-run data center opened recently, funded by a Japanese program supporting environmentally sound technology. The facility marks "a big step" toward improving the...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

BCEL-KT: Trade Summary (Dec 26, 2016)

Trade summary Lao stock market edged higher on Monday, as BCEL got good start before preparing for long holiday to increase by 450 kip finished...