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Thursday, July 3, 2025
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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...

Laos Orders Factory to Stop Recycling Spent Beer Malt Over Pollution Concerns

The Lao government ordered a factory in the capital Vientiane that recycles 80 tons of spent beer malt a day to shut down after...

Analyst: Thai King Death Affects Regional Casino Business

The death, announced on Thursday, of Thailand’s King Bhumibol Adulyadej (pictured) creates “near- and long-term” considerations in relation to the regional casino gaming industry,...

Banks in Laos See Asset Growth Value

The value of assets in the banking sector in Laos could possibly still continue to grow this year, as foreign banks move to open...

Banpu Power Targets Bt13.6 Billion From Upcoming IPO

BANPU POWER has targeted raising up to Bt13.6 billion from its initial public offering (IPO) later this month. The company, whose shares will be...

Japanese Companies Get Big Break in Laos

TOKYO -- Laos' patent authority has decided to recognize patents on technologies that have been granted in Japan. The decision will allow Japanese companies...

InfoSat-Laos DTH Platform on Thaicom

Thaicom – one of Asia’s leading satellite operators – has signed a contract with InfoSat-Laos, DTH) satellite TV operator in Laos- for the launch...