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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...

Big C and DHL Supply Chain Thailand deploys electric trucks to reduce carbon emissions

Both companies are striving for net zero carbon emissions by 2050 and prioritize green operations as...

Employee-Centric HR Policies Earn SABIC the Top Employer Award in APAC for a 10th Year Running

SINGAPORE - Media OutReach - 30 January 2023 - For the tenth year in a row, SABIC, a global leader in the chemicals...

Huobi Issued a Declaration in Response to Numerous Public Concerns

SINGAPORE - Media OutReach - 30 January 2023 - Recently, controversy has once again arisen surrounding Huobi and Justin Sun (Yuchen Sun). Since...

Avery Dennison wins AsiaStar 2022 award for AD CleanFlake

SINGAPORE - Media OutReach - 30 January 2023 - Avery Dennison Corporation (NYSE:AVY), a leader in global materials science and manufacturing, has...

Chinachem Group Confirms to make its Second Purchase in Prime London Office Building for £349.5m

HONG KONG SAR - Media OutReach - 30 January 2023 - Chinachem Group (the "Group") announced today that it has exchanged contracts for...

SIBUR develops proprietary special component for production of rubbers and SBS polymers

MOSCOW, RUSSIA - Media OutReach - 30 January 2023 - SIBUR, the largest integrated petrochemicals company in Russia and one of the fastest-growing...