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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 (Dec 5, 2016)

Trade Summary Lao stock exchange resumed trading after a long weekend with no change in the index. But the trading volume failed to match the...

Intercontinental Set for 2021 Laos Debut

Intercontinental Hotels Group (IHG) is set to open its first Intercontinental-brand property in Laos in 2021, as part of the new mixed-use World Trade...

BCEL-KT: Trade Summary (Dec 1, 2016)

Trade summary Lao stock market marked was quiet day on the final day of the week, index closed up by 0.13 percent or 1.33 points...

BCEL-KT: Trade Summary (Nov 25, 2016)

Trade Summary At the end of the week, LSX closed unchanged at 1,014.43 point. The market generated about 211 million kip form the trading of...

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

Trade Summary After the significant exchange of institutional investors yesterday, today Lao securities exchange trended in modest volume. The index was down by 0.04 %...

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

Trade Summary On Tuesday, Lao Securities Exchange reported tremendous trading volume of 8,924,800 shares, worth more than 44,445 million kip, while the index edged up...