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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...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...

Hmong Market Farmers in Tasmania Not Immune to Agriculture Industry Changes

ABC - Farming is what Dee Thao's family is best known for. Members of her Hmong community are familiar to most Tasmanian market-goers looking...

Low Wages, High Costs: Lao Workers Struggle as Economic Pressures Mount

State government worker Noy, who also works as a part-time taxi driver, struggles to make ends meet on Laos' minimum wage.  With a monthly salary...

Lao Brewery Company Steps Up Sustainability with Biomass Energy

Lao Brewery Company (LBC) is advancing its sustainability efforts with new green energy initiatives, reinforcing its commitment to the environment. As part of Carlsberg Group’s...

Laos, Canada Strengthen Partnership Toward Canada-ASEAN Free Trade Agreement

On 18 February, the Embassy of Canada to Laos hosted a workshop in Vientiane Capital on emerging issues in the Canada-ASEAN Free Trade Agreement...

Lao Responsible Business Awards 2025 Honor Sustainability, Community Engagement

On 10 February, the Lao Responsible Business Awards 2025 celebrated businesses in Laos, demonstrating a strong commitment to social and environmental good practice.  The...