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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...

First 7-Eleven Store in Laos is Now Open for Service in Vientiane Capital

The first 7-Eleven store in Laos officially opened its doors to customers on Thursday, 7 September. The convenience store is located at Souphanouvong Road,...

BOL to Issue Third Phase of Government Bonds Worth LAK 3 Trillion

The Bank of Lao PDR (BOL) announced on Tuesday that it will issue the third phase of its government bonds, worth LAK 3 trillion...

Lao PM Attends 43rd ASEAN Summit, Calls for Business-Friendly Environment in Region

Lao Prime Minister Sonexay Siphandone along with other high-ranking delegates arrived on Monday in Jakarta, Indonesia, to attend the 43rd ASEAN Summit and related...

Houaphanh Authorities Rescind Bamboo Shoots Harvesting Ban

The Aed District Governor in Houaphanh Province has rescinded the ban on the harvesting of bamboo shoots within the district, which was issued by...

New Range Rover SV 23MY Sees Grand Launch in Laos

In a highly-anticipated event that exuded opulence and innovation, Lao Land Rover unveiled the new Range Rover SV 2023 on Wednesday, 30 August. The...

Lao Govt Launches State-Owned Company to Boost Liquidity of Financial Institutions

The Lao government is bolstering the financial stability of commercial banks and financial institutions by creating a state-owned entity, the Debt and Asset Administration...