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Wednesday, July 2, 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...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral tariffs introduced by the United States.  The statement, adopted during their...

Beerlao Earns Top Honors at Monde Selection Awards

Lao Brewery Company (LBC) has earned international acclaim after its flagship beers, Beerlao Lager and Beerlao Green, won Gold Quality Awards at the 64th...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China, marking a historic milestone for the country’s aquatic industry. The shipment...

Trump Stuns With Tariff Backtrack but Punishes China

By Danny Kemp with Sam Davies in Beijing/AFP - United States President Donald Trump abruptly paused tariffs on most countries on 9 April after...

United States, China Clash as Trump Set to Unleash More Tariffs

By Ben Sheppard and Beiyi Seow with Sam Davies in Beijing/AFP - On 8 April, the United States and China hurtled towards an all-out...

Lao Business Forum Highlights Progress, Challenges, Path Forward for Private Sector Development

At the 16th Lao Business Forum, held at the Don Chan Palace in Vientiane on 3 April, government officials, foreign diplomats, business leaders, and...