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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...

Indochina Bank Sees Customer Increase

The number of VIP customers holding accounts at the Indochina Bank has seen a rapid increase this year. A bank executive revealed the figure...

First Modeling Lao’s Varissara Tangsouvanh Wins First International Award

Representing the nation of Laos in Shanghai last week at the Miss Tourism Queen of the Year International 2016 Contest, Varissara “May” Tangsouvanh put...

BCEL-KT: Trade Summary (Dec 23, 2016)

Trade summary Lao stock market sew lower on the final trading day of the week, after banking stock hitting 5,500 kip on mid morning, then...

BCEL-KT: Trade Summary (Dec 22, 2016)

Trade summary Lao stock market mixed on Thursday, as energy stock jumped by 50 kip to close at 5,000 kip, posting trading volume of 19,000...

Conference Boosts Big Data Use

The use of core information technology, which provides results in terms of innovation, is being discussed by experts in these fields who are meeting...

Lao News Agency to Stop Print Edition of English Paper

The Lao News Agency has announced that the last issue of its English language newspaper will roll off the presses on December 31, ending...