31.1 C
Vientiane
Saturday, July 5, 2025
spot_img

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...

Banana Farms Ordered to Stop

Oudomxay province: -- Chinese farms in Laos' provinces have been suspended due to their ongoing use of hazardous chemicals which are having negative impacts...

PM Supports Chamber for Highest Business Role

Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry (NCCI) to serve as the highest...

Thai Kasikornbank Eyes Regional Expansion; Plans 2nd Branch in Laos

Thailand's Kasikornbank Pcl said on Tuesday it plans to open a second branch in Laos and upgrade the status of its local bank in...

China Is Transforming Southeast Asia Faster Than Ever

China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports. That’s driving...

Japan Tech Firms Start Lao PDR Data Center Project

Toyota Tsusho, Internet Initiative Japan, and Mitsubishi UFJ Morgan Stanley Securities announced the start of a joint demonstration project in the Lao PDR. The firms...

Indochina Aviation Centre Introducing Bizav to Mekong Region

First-time MEBAA exhibitor Indochina Aviation Centre (Stand 936) is here to introduce potential customers to travel opportunities in the Mekong region and to meet...