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Thursday, November 13, 2025
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Business

Thailand to End Tax Exemption on Low-Value Online Imports from January 2026

Thailand is set to eliminate its tax exemption for low-value online purchases starting January 2026, imposing import duties and a 7 percent value-added tax (VAT) on all foreign goods purchased online, including items valued as low as THB 1 (USD 0.03). Customs Director-General Panthong Loikulnan announced on 5 November that...

Lao Government Keeps Majority in Lao Airlines as COMAC Takes 49% Stake

On 10 November, the Lao government confirmed an agreement with the Chinese state-owned aircraft...

National Assembly Advances Dialogue on Sustainable Health Financing in Laos

The National Assembly of Laos has convened the second in a national series of...

ASEAN SOAR Together Empowers MSMEs with Digital Boost at ABIS 2025

On 31 October, the ASEAN Foundation, in partnership with TikTok Shop and the ASEAN...

Laos Sets New Economic Direction Under 2026–2030 Development Strategy

Laos is setting an ambitious new course for national growth as the Ministry of...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities. Asian...

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 beer and strong alcoholic beverages to 90 percent by 2031,...

Costa Group Becomes Sole Concession Owner of Laos Blueberry Operations

In a ceremony held on 13 June in the city of Pakse, leading global fresh produce company Costa Group officially became the sole concession...

China’s Aircraft Maker Seeks Majority Stake in Lao Airlines Amid Reforms

The Lao government is weighing a proposal from China’s Commercial Aircraft Corporation (COMAC) to acquire a controlling stake in Lao Airlines, part of a...

Thai Airways Closes Thai Smile After THB 20.9 Billion in Losses of 12 Years of Service

Thai Airways International (THAI) has formally dissolved Thai Smile Airways—its low-cost subsidiary.  On 5 June, the company notified the Stock Exchange of Thailand (SET), confirming...

Lao Government Enforces Ban on Unregistered, Unlabeled Imported Food Starting 1 July

Starting 1 July, Laos will prohibit the import and sale of unregistered food products that lack approval from the Food and Drug Administration or...