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Sunday, July 6, 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...

Boten – Preparing For Another Boom

Boten, once a remote village on the China-Laos border, has gone from boom to bust within a few short years and is now preparing...

Nam-Mang 1 Hydropower Project Close To Completion

Construction of Nam-Mang 1 hydropower project in Phonsavanh village, Thaphabath district of Borikhamxay province is almost complete (99 percent) and is expected to be...

Daohueang Market Reopens For Business

Daoheuang Market in Pakxe district, Champassak province, has reopened after it was damge by fire three months ago, the Socio-Economic Daily reported yesterday. Around 400...

Vientiane’s First Organic Store

Consumers concerned about their health won’t have to travel far to buy organic products with the opening of the new Organic Home shop in...

Vice President Lauds EU Support For Lao Development

Vice President Phankham Viphavanh has highly valued the substantial contribution made by the European Union (EU) to boost development and assist poverty reduction efforts...

Trade Declines, Investment Rises With Plus Three Countries

The value of ASEAN trade with the plus three countries;China, Japan and South Korea, decreased last year while Foreign Direct Investment (FDI) increased from...