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Monday, September 1, 2025
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Business

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 inspected 98 businesses and fined 13 units a total of LAK 290 million (about USD 13,000). Presenting the report at a meeting on 21 August, Manosack Xaysilikoun, Deputy Director of Internal Trade of Vientiane Capital, highlighted...

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 Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export...

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...

Thai Airways Closes Thai Smile After THB 20.9 Billion in Losses of 12 Years of Service

Thai Airways International (THAI) has formally dissolved Thai Smile Airways—its low-cost subsidiary.  On 5 June, the company notified the Stock Exchange of Thailand (SET), confirming...