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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...

Lotteria Opens First Laos Outlet

Lotteria will open its first outlet in Laos on Sept. 9, it announced on Sept. 4. This is the first time the South Korean...

Comba Telecom Shares Rise On Tie-up With Laotian Government

HONG KONG -- Shares of Comba Telecom Systems Holdings rose Friday on the Hong Kong bourse, hitting 1.38 Hong Kong dollars, up 1.85% from...

Macau Casino Operator Completes Takeover of Laos Property

Hong Kong-listed casino operator Macau Legend Development Limited has announced that it has now assumed complete management and operational responsibilities for the Savan Vegas...

Kualao Prepared to Host Delegates for ASEAN Summit

Nestled on the corner of the capital city’s landmark That Dam Intersection, Kualao Restaurant is ready to serve the over 5,000 guests and delegates...

Krungsri Customers Pay Financial Products More Conveniently Through JDB Bank Channel

Customers of Krungsri's financial services in Laos will benefit from more convenience in making payments after connecting to the Joint Development Bank's banking channel. Krungsri...

Toyota and Daehan Dominate Laos Auto Market

Laos Auto Market in first half of 2016 hit record sales and production. The market is dominated by Toyota and Daehan while the most of...