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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, China Collaborate to Advance Traditional Medicine

Traditional medicines in Laos are poised for broader recognition as a state-run pharmaceutical enterprise partnered with three Chinese agencies to enhance the therapeutic potential...

Electricity Exports Propel Laos to Trade Surplus, Marking Record Growth

Laos has recorded a significant surge in its annual trade, reaching a total value of over USD 15.5 billion in 2023.  The figures, released by...

Laos Proposes Selling Over 4,000 MW of Wind Power to Vietnam

Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos aiming to sell electricity to Vietnam, totaling nearly 4,150 megawatts (MW). According...

Laos Inflation Hits 25.35 Percent in February

Laos continues to face economic challenges as inflation rates reached 25.35 percent in February, up from 24.44 percent the previous month, according to a...

Delivery Hero Ends Talks to Sell Foodpanda in Southeast Asia 

Following months of negotiations, Berlin-based multinational online food ordering and delivery company Delivery Hero has ended talks of the potential sale of its Southeast...

BOL Policy Mandates Foreign Investors to Open FDI Account

Updated on 23 January at 4:40 pm The Bank of Laos (BOL) has implemented a new regulation mandating foreign investors to open a Foreign Direct...