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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...

IFC Helps Lao Banks Strengthen Risk Governance

The International Finance Corporation (IFC), a member of the World Bank Group, is helping Lao commercial banks to strengthen risk governance, improve sustainability and...

Lao Business Leaders Call For Revision of Policies and Regulations

Business operators have called on the government to revise certain policies and regulations to better facilitate business operations and boost productivity. The call was made...

Krungsri Fosters Lao-Thai Business Network Via Business Matching

Krungsri (Bank of Ayudhya PCL) is providing full support for Thai SMEs to expand their businesses in Laos through the Krungsri Business Journey: Opportunities...

LAOSAT Reviews Progress for First Half of 2016

The Lao Asia-Pacific Satellite Co., Ltd. (LAOSAT) is urging Lao businesses that currently rent services from foreign-owned satellites to use the Lao satellite instead. This...

Laos, Vietnam Exchange Ideas on Female Progress

The Lao Women's Union and Vietnamese Women's Union met in Vientiane recently to promote women's development and to upgrade the lives of those lacking...

65 Companies Awarded Lao Business Awards 2016

Sixty-five small and large domestic and foreign companies operating business in the Lao PDR have been awarded 40 Years Excellence Awards and ASEAN Business...