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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...

Ministry Reduces Fuel Prices

Petrol stations across the country lowered the retail prices of petrol and diesel yesterday after the Ministry of Industry and Commerce issued an announcement...

Economist: Kip Strong, Not Overvalued

Even though the Lao kip is strong the currency is not overvalued, according to a leading local economist. Senior Economist of the National Economic Research...

EDL Expands Electricity Lines to Power Consumption Increase

Electricité du Laos (EDL) continues to expand power availability and raise access rates for consumers in Laos with its installment of 115 kWh of...

J&C Services Moves to Better Service the Needs of Expatriates in Laos

Since its foundation in 2008, the expatriate community in the Lao PDR has increasingly depended on J&C Services for its suite of award-winning services...

New Study: Laos At Development Crossroads

A new study by the Economic Research Institute for Asean and East Asia has highlighted 2 serious challenges for the nation's industrial development while...

AirAsia Celebrates Asean Day With Low Fares Across Region

AirAsia is offering promotional fares to Asean destinations in conjunction with Asean Day on Monday. Asean Day celebrates the founding of the Association of...