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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...

Jombingo, A Leading social e-commerce company in Southeast Asia, is about to start its global expansion plan

JAKARTA, INDONESIA - Media OutReach - 7 February 2023 - After several years' development, Jombingo is about to start its expansion plan, developing...

Laos-Vietnam Trade Shoots Up by 24 Percent in 2022

The two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two...

2023 Taiwan Lantern Festival in Taipei

Invites Korean Friends!TAIPEI, TAIWAN - Media OutReach - 7 February 2023 - The "2023 Taiwan Lantern Festival" is the first major large-scale international...

Schneider Electric achieves its highest-ever score in 2023 Bloomberg Gender-Equality Index

Above-average overall score for ongoing efforts on workplace diversity, equity, inclusion, and care ...

Counto Earns ASR+ Tier 3 Status, Redefining Accounting & Tax Services with AI Software

SINGAPORE - Media OutReach - 7 February 2023 - Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’...

Laos Sees an Increase in Electric Vehicle Imports Across the Country

The country reported an increase in the importation of electric vehicles last year, following multiple hikes in fuel prices. Mr. Thongphat Inthavong, Deputy Minister...