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Monday, July 7, 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 Attracts Foreign Investment of Over USD 800 Million in Khammouane

The Asia-Potash International Intelligent Industrial Park in Khammouane province has been a significant investment for the country, with an investment cooperation memorandum worth USD...

Laos to Issue THB 3.61 Billion “Baht Bonds” for National Development

The Ministry of Finance in Laos is gearing up to issue THB 3.61 billion in bonds to fund the country's national development initiatives, according...

Lao Minister of Finance Proposes New Draft Law on Land Tax

The Minister of Finance, Santiphap Phomvihane, proposed a new draft law on land tax during the ongoing 5th Ordinary Session of the 9th National...

Company in Bokeo Collects Garbage Fees in Baht as Kip Continues Depreciating

A company in Bokeo, which holds a garbage collection concession from the government, was recently found to be collecting fees in Thai Baht. This...

Kakao Pay Launches Overseas ATM Withdrawal Service in Laos, Vietnam, and Japan

Kakao Pay Corp., a mobile payment and digital wallet service in South Korea has launched an overseas ATM withdrawal service in partnership with Global...

HKU Partnership for Sustainability Leadership in Business Hosts Knowledge Primer 5 cum Sustainable Value Chains Commitment and SMEs Sustainability Leadership Recognition Awards Ceremony

Industry leaders gather together to share insights on scaling up circularity through business model reinvention and innovative technologies. The industry urges government to keep...