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Thursday, July 3, 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...

Printing Association Plans Upgrade of Operations

The Lao Printing Association plans to use modern technology to develop its printing and publishing services in line with public demand. Members of the association...

BCEL-KT: Trade Summary (Dec 20, 2016)

Trade summary LSX index remained stable at 1,029.74 points for a second day. Even though BCEL had a minor gain of 50 kip to...

Huawei Technologies Launches GR5 2017 in Laos

VIENTIANE - Annita, brand ambassador of Huawei Technologies (Laos), sings at the launch event of Huawei GR5 2017, in Vientiane, capital of Laos, Dec....

BCEL-KT: Trade Summary (Dec 19, 2016)

Trade Summary EDL-Gen opened decline 100 kip to 5,000 kip, then rebounded to close at the unchanged price at 5,100 kip, by the way there...

No More Roaming Fees for Unitel Subscribers

Mobile phone users in Cambodia, Laos and Vietnam – the so-called CLV countries – will not have to pay roaming charges if they make...

Construction of Petroleum Refinery to Resume This Month

A petroleum refinery project located in the energy and chemical precinct of Saysettha Development Zone, Vientiane is expected to resume this month after construction...