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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...

Laos Sees Marginal Relief From High Inflation, With 0.29% Decrease in March

According to the Lao Statistics Bureau (LSB), the total inflation rate for March decreased slightly to 40.97% compared to February's figures of 41.3%. However, the...

Financial PR (HK) Reaches a Strategic Alliance Agreement with Kerl & Cie To Jointly Expand Cross-board Financial PR Services

HONG KONG SAR - Media Outreach - 4 April 2023 - Financial PR (Hong Kong) Limited ("Financial PR (HK)") is pleased to...

LOFTER Group partnered with “The Hub Hong Kong”, a non-profit children’s charity

to hold a Easter fun day to celebrate with the grass-root childrenHONG KONG SAR - Media Outreach - 4 April 2023 - ...

LOCA Celebrates Electrifying Milestone: 115 EV Taxis, 440,000 KM Served

LOCA, a leading provider of eco-friendly transportation, proudly announces the expansion of its electric taxi fleet to 115 vehicles. Since the pilot program launch...

Technical Consultation Held for Lao 5th Population and Housing Census 2025

On Sunday, the Lao Statistics Bureau (LSB), Ministry of Planning and Investment, and United Nations Population Fund (UNFPA), in collaboration with the United States...