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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...

SilkAir to Codeshare With Lao Airlines

SilkAir, the regional wing of Singapore Airlines, has signed a codeshare agreement with Lao Airlines for its flights to Vientiane and Luang Prabang, providing...

Canada Opens Diplomatic Office in Vientiane Capital

Canada has opened a diplomatic office in Vientiane in an effort to boost economic and political ties with Laos. Canada's Minister of Foreign Affairs Stéphane...

ANZ Appoints CEO for Laos

Australian bank ANZ has announced the appointment of a new CEO Laos. The bank focuses on Trade Facilitation, Global Markets and offers Priority services to...

Pick-ups Increase share of Lao Vehicle Market

The market for pickup trucks in Laos is growing in line with people's lifestyles and their links to agriculture, according to an auto company...

Aussie Helps Laos Hill Tribes Grow Coffee

A former Australian teacher managing a coffee company and cafe in central Laos sees the scheme as key to alleviating poverty among hill tribes. Derek...