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Tuesday, July 8, 2025
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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...

PM Sonexay Urges Businesses to Increase Agricultural Production and Reduce Imports

Prime Minister Sonexay Siphandone held a meeting with the Ministry of Agriculture and Forestry and relevant businesses in Vientiane Capital on Friday, 15 September,...

Vientiane Capital Speeds Up Preparations for ASEAN Chairmanship and Visit Laos Year 2024

The Department of Information, Culture, and Tourism of Vientiane Capital is expediting its preparations to welcome a higher influx of foreign visitors during Laos'...

Lao Government Allocates LAK 4.5 Trillion to Boost Domestic Production and Stimulate Economic Growth

In a move to increase domestic production and counter ongoing economic challenges, the Bank of Lao PDR (BOL) has allocated LAK 4.5 trillion toward...

Authorities Destroy LAK 76 Million Worth of Illegally Imported Pork, Buffalo Skin in Vientiane

Vientiane officials destroyed 4,405 kg of illegally imported buffalo skin and pork products worth nearly LAK 76 million at a disposal site on 11...

Lao Ministry Urges Phone Users to Register their Numbers by December 16 or Face Fines

The Ministry of Technology and Communications (MOTC) office in Laos issued a notice on Thursday, stating that all phone numbers across the country must...

Lao-American Restaurant Owner Ready to Start Over After Racist Allegations Forced Shutdown

After false allegations against David Rasavong and his Fresno, California-based restaurant Tasty Thai caused the business to shut down in May, the owner is...