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Tuesday, July 1, 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...

Foreign Investors Inject More Interest into Private Hospitals

More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services. Foreign investors...

Indian Investors Affected By Laos Ban On Timber Exports

Laos has banned export of timber and wood products to protect its environment, which has put many foreign investors in a fix, including Indians. "In...

EDL-Gen Raises $312m in Dollar Bonds in Thailand

EDL-Generation, the leading electricity producer in Laos, has successfully priced its debut US$312 million (approximately Bt10.8 billion) offering of dollar-denominated bonds in Thailand. The bonds...

Can Laos Create a Startup Economy?

Last week, the usually sleepy capital of Vientiane was awoken amidst the commotion and hustle bustle of the 29th ASEAN Summit. Within four days, the...

Korea Western Power to Build Hydroelectric Power Plant in Laos

South Korea’s public power supplier Korea Western Power Co. announced on Sunday that it signed a memorandum of understanding (MoU) to jointly develop a...

Contract Extended For Poyry to Provide Services For Xayaburi Hydropower in Laos

Xayaburi Power Company and the government of Lao PDR have awarded Poyry an extension to the owner’s engineering services contract for the site supervision...