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Thursday, July 3, 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...

Govt Announces a Halt On Fuel Tariff Exemptions

The government made an official announcement in Vientiane on Thursday to completely halt fuel tariff exemptions in a move to close loopholes in illegal...

Borikhamxay Ceases Wood Processing Plants

Borikhamxay provincial authorities have cancelled the business operations of 13 wood processing plants after finding that they had permanently ceased their processing operations for...

Laos, China Want Better Synergy In Development

Laos and China are aiming to achieve better synergy in development with the relevant sectors from both countries to work together to merge Laos'...

Handicraft Association Looking To Expand Line of Pottery Products

The Lao Handicraft Association is planning to support new Lao pottery products being made in Vientiane this year which it hopes will attract both...

PM Proposes Seven Point Agenda to Pursue ASEAN Economic Goals

Prime Minister Thongloun Sisoulith has raised a seven-point agenda calling for ASEAN economic ministers to place discussion focus on pursuing the 2025 ASEAN economic...

Vientiane Inks Feasibility Study For Biogas Project

The Vientiane Office of Management and Service and Luangpaseuth Construction Co., Ltd. are teaming up to launch a feasibility study for a biogas project...