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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...

Laos-China Railway to Increase Ticket Prices by 20 Percent This Year

The Laos-China Railway Company has proposed to the Lao government to increase the price of train tickets this year, due to considerable exchange rate...

Laos, Cambodia Regulators Collaborate to Boost Capital Market Growth

The Securities and Exchange Regulator of Cambodia (SERC) and the Lao Securities Commission Office (LSCO) signed a Memorandum of Understanding (MoU) last week to...

Installation of Turbines Begins in Laos for SE Asia’s Largest Wind Power Project

The Monsoon Wind Power Project in Laos has begun installing wind power turbines after the turbines and blades were delivered from Thailand on Saturday....

Laos, Philippines Discuss Direct Flights to Boost Trade, Investment, Tourism

Foreign Ministers of Laos and the Philippines discussed the possibility of starting direct flights between the two countries to boost trade, investment, and tourism...

Amata City Lao Receives THB 150 Million Loan to Develop Smart City in Northern Laos

Amata City Lao Company, a subsidiary of the Thai Real Estate company AMATA Group in Laos, secured THB 150 million (about USD 4.2 million)...

Laos to Receive THB 1.8 Billion Loan From Thailand to Develop Khamsavath Station in Vientiane Capital

Laos is likely to receive a loan worth THB 1.8 billion (around USD 51 million) from Thailand to develop the Khamsavath Station in Vientiane...