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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 to Invest Over USD 2 Billion in Wind Power Project

The Lao government and relevant energy companies are expected to shell out over USD 2 billion for the construction of a wind power project...

IGI Inex Holding (UK) becomes strategic investor in quantumrock, cementing partnership between leading global investment group and AI asset tech frontrunners

IGI Inex will obtain a relevant share position based on quantumrock’s valuation of €30 million with the right to extend its share position over...

China Broadband Communications (CBC) rebrands as CBC Tech

SINGAPORE - Media OutReach - 16 September 2022 - China Broadband Communications (CBC) has announced its rebrand as CBC Tech. This is a...

Hang Lung Chair Ronnie C. Chan Personally Shares his Experience Restoring the Garden of the Palace of Established Happiness with his Colleagues Embodying...

HONG KONG SAR - Media OutReach - 16 September 2022 - Hang Lung Properties (SEHK stock code: 00101) (the "Company" or "Hang Lung")...

Xiaomi’s Partner and President, Wang Xiang, was selected as “Outstanding People” in the “2022 Forbes China – Global 100 Outstanding Chinese”

SINGAPORE - Media OutReach - 16 September 2022 - A few days ago, Wang Xiang, Partner and President of Xiaomi Group, was selected...

New DHL Trade Growth Atlas: Global trade surprisingly strong despite recent shocks

DHL Trade Growth Atlas maps the most important trends in global trade ...