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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...

Backbase Engagement Banking Platform named Luminary in Celent Retail and SME Banking Awards

Backbase recognized for excellence in Celent international digital banking awardsSINGAPORE - Media OutReach - 1 February 2023 - Backbase, the Engagement Banking platform...

Growing Fraud Incidents in Asia Driving FIs to Prioritise Technology Risk Management Strategy and Capabilities, New Survey Shows

SINGAPORE - Media OutReach - 1 February 2023 - GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity...

Kakao Mobility Brings Mobile App Taxi Services to Laos

Korean internet company Kakao Mobility signed a contract with LVMC Holdings Company in Vietnam on Tuesday to provide online taxi-hailing and parking services in...

Southco Adds New Padlocking Handle Option to Market-Leading Cam Latch Series

HONG KONG SAR - Media OutReach - 1 February 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

Hugill & Ip Launches the Double Your Impact Campaign in Support of AFCR

HONG KONG SAR - Media OutReach - 1 February 2023 - World Cancer Day - held every 4 February - is the global...