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Wednesday, July 2, 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...

Crowne Plaza Welcomes Booking.com Guests

Situated in Vientiane, Crowne Plaza Vientiane features a fitness centre and massage services. Boasting a business centre, the hotel also provides guests with a...

Andritz Hydro to Supply Nam Theun 1

Andritz Hydro is to supply electromechanical equipment for the Nam Theun 1 hydropower project in Lao PDR in a contract awarded by Phonesack Group...

Vietcombank Proposes Plan For New Lao Subsidiary

Hanoi - Vietcombank plans to set up a 100 per cent owned subsidiary bank in Laos. The Joint Stock Commercial Bank for Foreign Trade of Việt...

Seat Quotas Increased for Bangkok-Vientiane Route

Thai airlines will soon be allowed to operate more flights to Vientiane, Laos, according to the Thai-Lao accord approved by the Cabinet on Tuesday. The...

Company Wins Appeal Against Laos Government

A Macau-based company has won its appeal against the Laos government in a case before the Appeal Court in Singapore. Sanum Investments had tried...

Amari Makes Triple Entry into Laos

Thailand’s Onyx Hospitality Group has signed a landmark agreement that will lead to the launch of its first properties in Laos. The deal with Tang...