Business

Laos, Russian Region of Tatarstan Discuss New Trade Opportunities

Russia’s Republic of Tatarstan wants to expand trade and investment with Laos, with the region’s official media describing current economic ties as “practically absent” during a two-day visit by its head to Vientiane on 4 and 5 November. Tatarstan's head Rustam Minnikhanov met Lao Prime Minister Saleumxay Kommasith on 5...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Vietnamese Company to Grow Coffee, Durian, Blueberries in Pakxong

On 16 July, Champasak Province signed a land concession agreement with Lao-Viet Agriculture Company Limited, allowing the company to farm coffee, durian, and blueberries...

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export opportunities, with USD 68.5 million in support from the Asian...

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,...