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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...

DHL Supply Chain to invest EUR 500 million (INR 4000 Crores) in India to further boost capacity, workforce and sustainability initiatives

Warehousing space to increase by 12 million square feet, to reach a total capacity of about...

A Steady Increase in Trade Turnover for Laos and Vietnam in 2022

A 27% increase has been reported from the same period last year, in the first eight months of 2022.  Laos's main export sources are electricity,...

Spackman Entertainment Group’s Film, A MAN OF REASON, To Be Released In North America In The First Quarter Of 2023

A MAN OF REASON, an action feature film produced by the Group's wholly‐owned indirect subsidiary, Studio...

Lao Coffee Export Concerns Grow Amid a Global Rise in Prices

According to recent reports, Vietnam's traditionally massive stockpile of coffee beans is dwindling, which is anticipated to increase global coffee prices. How will this...

Huobi signs agreement with city of Busan to nurture blockchain industry growth

BUSAN, SOUTH KOREA - News Direct - 14 September 2022 - Huobi Global and Huobi Korea announced today the signing of a Memorandum of...

Microban Launches Refresh™: A Patent-Pending Odor Capture Technology that is Completely Metal Free

HUNTERSVILLE, NORTH CAROLINA - News Direct - 14 September 2022 - Microban International is pleased to introduce Refresh™ – its newest, patent-pending, sustainable odor...