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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...

Fulum announces positive profit alert and Expects to turn around from loss by recording up to 22 million in profit of FY2023

HONG KONG SAR - Media OutReach - 19 June 2023 - Fulum Group Holdings Limited (HKEx stock code: 1443, the "Group" or...

Cushman & Wakefield: Hong Kong Investment Sentiment Cautious in 1H 2023 Amid High Rates, With Local Investors and Owner-Occupiers Driving Transactions

Supported by Talent Policies, Emerging Sectors Such as Rental Apartments and Student Housing Set to Attract Investor AttentionHONG KONG SAR - Media OutReach...

TCL Announces 2023 Refrigerator Line Up Available in the Philippines

Extensive refrigerator range with added health and energy saving benefits to improve lives of consumers in the regionMANILA, PHILIPPINES - Media OutReach -...

Businesses in Golden Triangle SEZ to Only Accept Payment in Lao Kip

Businesses in the Golden Triangle Special Economic Zone will need to display a sign that reads "Accept Lao Kip Only" for payments starting Monday. The...

Spackman Media Group Artist Son Suk-ku Stars In Upcoming Korean Theatre Production, ARMY ON A TREE

Spackman Media Group artist Son Suk-ku is set to star in a new Korean theatrical play,...

Laos Plans to Export Rice to United States in 2024

The owner of a rice production company in Laos expressed her interest in exporting rice to the US next year after the recent success...