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Thursday, September 18, 2025
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Business

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture and Environment will promote nature-based tourism in forested areas of Laos. The regulation provides incentives for small-scale private investment in national parks and protected areas through projects that create jobs, contribute to environmental preservation and build...

Vientiane Cracks Down on Business Violations, Fines Over LAK 338 Million

In the first half of 2025, the Vientiane Capital Department of Industry and Commerce...

Fruit of Her Labor: How a Young Farmer Is Redefining Agriculture in Laos

A young woman in Luang Prabang is proving that farming can be more than...

Mobile Phones Fuel Surge in Savings: What the Global Trend Means for Laos

More adults than ever in low- and middle-income countries now have bank or other...

Vietnamese Company to Grow Coffee, Durian, Blueberries in Pakxong

On 16 July, Champasak Province signed a land concession agreement with Lao-Viet Agriculture Company...

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...

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 businesses from taxes, aiming to ease their burden and improve...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities. Asian...

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 beer and strong alcoholic beverages to 90 percent by 2031,...

Costa Group Becomes Sole Concession Owner of Laos Blueberry Operations

In a ceremony held on 13 June in the city of Pakse, leading global fresh produce company Costa Group officially became the sole concession...

China’s Aircraft Maker Seeks Majority Stake in Lao Airlines Amid Reforms

The Lao government is weighing a proposal from China’s Commercial Aircraft Corporation (COMAC) to acquire a controlling stake in Lao Airlines, part of a...