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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...

BFL Receives UN Support For Female-run Businesses

Banque Franco Lao Ltd (BFL) has been awarded a grant by UNCDF's SHIFT Challenge Fund's Second Window for Women's Financial Inclusion, funded by the...

Ministry Amends Law On Single Window Service For Investors

The Ministry of Planning and Investment is amending the law on the single window service and its management in a bid to streamline the...

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing. Meanwhile, many more businesses from Asean nations...

SilkAir Adds New Connections From Singapore to Laos

SINGAPORE Airlines subsidiary SilkAir will be launching thrice-weekly flights from Singapore to Laos come October 31. It will operate a circular route between Singapore, Vientiane...

World Bank – Scaling Up Rural Sanitation in Lao PDR: Latrines Makes Good Business

A scaling up rural sanitation program in Champasak and Sekong provinces was the first government-led Community-Led Total Sanitation (CLTS) and sanitation marketing pilot in...

Macau Legend Signs Definitive Sale Documents With Lao Government for Savan Vegas

Macau Legend Development Limited (Macau Legend) today has signed the definitive sale documents, including the Project Development Agreement ("PDA"), the Asset Purchase Agreement ("APA"),...