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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...

Valmet to Supply Key Technology for Sun Paper’s New Dissolving Pulp Mill in Laos

Valmet will deliver key technology for a new green field dissolving pulp mill to Sun Paper's new investment in Laos. The mill site, Muang...

Viettel (Unitel in Laos) Pioneers Free Roaming in Cambodia, Laos, Vietnam

Vietnam's giant telecom levels call and data charges between three ASEAN neighbors. HO CHI MINH CITY -- Vietnam's state-owned telecom Viettel will eliminate overseas roaming...

BCEL-KT: Trade Summary (Dec 16, 2016)

Trade Summary LSX lost 2.00 points or 0.19 percent, at 1,029.74 points as BCEL decreased 150 kip in price. BCEL today closed at 5,050 kip...

BCEL-KT: Trade Summary (Dec 15, 2016)

Trade Summary LSX moved up 27.20 points on Thursday to finish higher at 1,031.74 points. The trading volume, however, did not seem to have any...

Laos Utilises Cooperatives to Support Agricultural Growth

Laos need to create the national committee for development of cooperation aiming to support and helping the agriculture sector in its expansion efforts. For several...

BCEL-KT: Trade Summary (Dec 14, 2016)

Trade Summary LSX index hovered over 1,004.54 points with 23,400 shares traded, translating to about 116,990,000 kip contributed mainly by foreign investors and securities. EDL-Gen...