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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...

BCEL Launches New Payment App for Tourists During Visit Laos Year 2024

Banque pour le Commerce Exterieur Lao Public (BCEL) has unveiled the EZyKip application in a bid to streamline currency exchange for tourists visiting Laos...

At Trendy Japanese Cafés, Customers Enjoy Cuddling With Pigs

TOKYO (AP) — First there were cafés that allowed pets. Then came cat cafés, where lattes took second place to feline interaction. The latest...

Court Orders China Evergrande Property Developer to Liquidate After It Failed to Reach Debt Deal

HONG KONG (AP) — A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach...

3P Media Celebrates Milestone Launch as Official Sales Representative for Google Ads in Laos

3P Media, the Official Media Sales Representative for Google in Sri Lanka, Laos, and Brunei, marked their official presence in Laos with an evening...

LOCA PAY Set to Transform Tourist Payments for Visit Laos Year 2024

As Laos prepares for the "Visit Laos Year 2024" and its prestigious ASEAN Chairmanship, LOCA, the preeminent eco-friendly ride-hailing network in the country, is...

Tour Operator Focus Asia Under Fire for Unpaid Debts to Luxury Hotels in Laos

UPDATED on 26 January at 4:36 PM (GMT+7) Luxury hotels and resorts in Laos, particularly in Luang Prabang Province, are raising concerns over tens of...