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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...

Malaysian Banks Continue Expansion in Laos

Malaysian banks have continued investment and expanding the number of branches in Laos as the country's economy continued its stable growth, according to a...

How a Japanese Strawberry Gets to Laos

Japan has a lot of work to do if it is to reach the government's goal of exporting an annual 1 trillion yen ($10...

Indonesia Eyes Further Cooperation with Laos

Hydropower, tourism, potassium, and medical treatment are among the sectors Indonesia has its eye on for prospective cooperation with Laos, based on the Lao...

Thousands of Cubic Metres Veneer Legitimate for Export

More than 12,456 cubic metres of veneer exports have been permitted despite the government prohibiting the export of all types of unfinished wooden products. The...

Seno Grilled Chicken Area Plans to Become Rest Stop for Region

The Seno area of Savannakhet province, known for its famous grilled chicken or pingkai Seno (Seno grilled chicken), has plans to be moved as...

Laos Casino Savan Vegas Gets $400m Counter-offer From Europe-Asia Consortium

A Europe-Asia consortium has made a cash counter-offer of $400 million for the assets and 50-year gaming concession of Savan Vegas Casino & Hotel...