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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 (Nov 11, 2016)

Trade Summary At the end of the week, most Lao stocks closed at unchanged prices as the previous session. But the heavy-weight stock, EDL-Gen lost...

Toshiba Wins Equipment Supply Contract for Laos’ Nam Ou 4 Hydropower Plant

Power China Resources Ltd. has awarded a contract to Toshiba Hydro Power (Hangzhou) Co. Ltd. to provide equipment for the 132-MW Nam Ou 4...

BCEL-KT: Trade Summary (Nov 8, 2016)

Trade Summary Lao Stock Market traded with minor volume of just 9,300 shares matched on Tuesday. However, the index was unchanged at 999.79 points as...

Thailand Encourages a Dangerous Addiction to Debt in Laos

Laos is back in the Thai baht debt markets again, with issuance from the Republic coming just two months after the country’s government-owned utility...

BCEL-KT: Trade Summary (Nov 7, 2016)

Trade Summary LSX was mixed on the first trading day of the week, the index growth 8.85 points to 999.79 points from the matching of...

Laos Set to Launch Fifth Bond Issue in Neighbouring Thailand

The Lao People's Democratic Republic will launch an offering of baht-denominated bonds in the Thai market this week to raise up to 11 billion...