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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...

Singapore’s DBS Pounces on ANZ Assets to Extend Asia Private Banking Push

DBS Group (DBSM.SI) plans to buy Australia and New Zealand Banking Group's (ANZ.AX) wealth and retail businesses in five Asian markets - part of...

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

Trade Summary On Tuesday, LSX reached 1,006.44 points, as BCEL closed higher at 5,700 kip. The market posted 19,600 traded shares today, worth about 96...

BCEL-KT: Trade Summary (Oct 31, 2016)

Trade Summary On Monday, LSX index stayed unmoved at 995,21 points, As almost LSX-Listed shares were unchanged, However, the market saw around 202,770,000 kip for...

SilkAir Announces Flight to Laos

Singapore Airlines Group is spreading its wings even further. SilkAir, the regional wing of Singapore Airlines, on Monday announced the launch of its inaugural flight...

BCEL-KT: Trade Summary (Oct 28, 2016)

LSX traded positively on Friday, rising 8.18 points to close at 995.21 points, with 6,400 shares traded (about 21.4 million kip in terms of...

BCEL-KT: Trade Summary (Oct 27, 2016)

LSX continued its losing streak, down by 8.18 points to close at 987.03 points with just 8,900 shares traded. The turnover was 43,165,000 kip....