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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 4, 2016)

Trade Summary LSX kept losing on Friday, down slightly by 0.67 points to close at 990.94 points with 54,300 shares traded. EDL-Gen closed unchanged at...

SilkAir and Sabre Join Forces to Help Laos Grow Its Tourism Market

SilkAir and Sabre Corporation are backing Laos in the expansion of its tourism industry by making the airline’s new flights to the emerging destination available...

SilkAir Starts Two New Routes to Laos

SilkAir has added Laos to its regional route network with the launch on 31 October of a thrice-weekly (Mondays, Thursdays and Saturdays) service from...

Akaryn to Expand With Three New Hotels in Thailand and Laos

The Akaryn Hotel Group has announced plans to launch three new hotels in Thailand and Laos. The new properties include the Akyra Beach Club Phuket;...

That Luang Marsh Developer to Build Theme Park

A Chinese developer plans to invest US$80 million to construct a water theme park next year at the That Luang Marsh Specific Economic Zone...

Agents Can Book SilkAir Lao Flights

Sabre Corporation and SilkAir, the regional wing of Singapore Airlines, have announced new flights between Singapore, Vientiane and Luang Prabang are now available for...