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Friday, November 14, 2025
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Business

Thailand to End Tax Exemption on Low-Value Online Imports from January 2026

Thailand is set to eliminate its tax exemption for low-value online purchases starting January 2026, imposing import duties and a 7 percent value-added tax (VAT) on all foreign goods purchased online, including items valued as low as THB 1 (USD 0.03). Customs Director-General Panthong Loikulnan announced on 5 November that...

Lao Government Keeps Majority in Lao Airlines as COMAC Takes 49% Stake

On 10 November, the Lao government confirmed an agreement with the Chinese state-owned aircraft...

National Assembly Advances Dialogue on Sustainable Health Financing in Laos

The National Assembly of Laos has convened the second in a national series of...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN...

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of...

Laos Sees Fourth Month of Trade Deficit, Lao Kip Hits Record Low

Laos experienced four consecutive months of trade deficits from January to April this year. This situation has been exacerbated by rising inflation rates, leading...

Lao President Invites Mongolian Investors to Explore Business in Laos

Lao President Thongloun Sisoulith has invited Mongolian investors to explore business opportunities in Laos, particularly in agriculture and food processing during his two-day state...

Laos, Singapore, Cambodia Unite to Facilitate Cross-Border Electricity Trade

Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision.  On 3 June,...

EuroCham Laos Organizes Its Annual General Assembly, Hosts Laos-Europe Business Networking Event With EU Delegation

The European Chamber of Commerce and Industry in Laos (or ECCIL EuroCham Laos) gathered all its members at this year’s Annual General Meeting on...

Nam Theun 2 Power Company Boosts Lao Government Revenue with Significant Tax Contribution

Nam Theun 2 Power Company handed over more than USD 15 million in income taxes from its electricity production in 2023 to the Lao...

Inadequate Minimum Wage Deepens Economic Woes in Laos, Fueling Labor Shortages, School Dropouts

Laos is grappling with growing economic and societal challenges as the current minimum wage, deemed inadequate by both workers and business owners, exacerbates labor...