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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...

Asean Economic Officials Agree to Report Laos’ Priority Deliverables

Senior economic officials from the 10 ASEAN member states and delegates have agreed on the eight priority deliverables for the ASEAN Economic Community that...

Locusts Damage 776 Hectares of Crops in Huaphan

Crops growing on 776 hectares in Huaphan province have been damaged by locusts, causing huge financial losses, local media reported on Friday. The locust invasions...

Thailand May Buy More Power From Laos

Thailand may buy an additional 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, said a senior...

Startup Weekend Vientiane 2016 Hailed A Success

The 4th Startup Weekend Vientiane was launched last Friday under the theme “Social Entrepreneurship” to promote entrepreneurship in Laos. The Startup Weekend was held at...

Muong Thanh Group Opens Five-Star Hotel in Laos

Vietnamese Muong Thanh Group on July 29 inaugurated the five-star Muong Thanh Luxury Vientiane Hotel in Laos’s capital of Vientiane, which is its first...

Thai Airways’ Lao Ticket Sales On the Rise

Thai Airways International Public Company Limited's ticket sales in Laos during the summer period (April – October) have been on the increase, rising by...