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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...

WelPet Biotech Debuts at the World Veterinary Association Congress as Taiwan’s Only SQF-Certified Pet Health Food Factory

TAIPEI, TAIWAN - Media OutReach - 21 April 2023 - The quality of pet health foods available on the market varies, and consumers...

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023

Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023. According to Lao Youth...

Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

HONG KONG SAR - Media OutReach - 21 April 2023 - Today, IX Asia Indexes Company Limited ("IX Asia Indexes") announced the 2023...

Recent GEODIS investments and new certification underlines its growth in the Chinese market

Certification of regional headquarters in Shanghai coincides with redevelopment of GEODIS’ Center of Excellence in Shenzhen and an award for performance at Zhengzhou Airport.SHANGHAI,...

RUSAL confirms its leadership status in the world sustainable suppliers rating EcoVadis

MOSCOW, RUSSIA - Media OutReach - 21 April 2023 - RUSAL, a leading global aluminium producer, confirmed its high positions in EcoVadis,...

OctaFX is named the broker with the fastest withdrawals and most secure trading platform in Singapore

International Business Magazine and World Business Outlook awarded OctaFX with two industry awards, ‘Broker with the Fastest Withdrawal Singapore 2023’ and ‘Most Secure Trading...