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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...

Upgrade any TV with these Philips Soundbars – Now Available in Thailand

Distinctive geometric design, clear sound, wireless subwoofers, and Bluetooth connectivityBANGKOK, THAILAND - Media OutReach - 16 February 2022 - Two of the latest Philips soundbar speaker systems, famous...

Laos Reduces VAT to Support Hard-hit Economy

Laos has lowered its value-added tax (VAT) rate as part of the government's post-Covid-19 economic recovery efforts. Under new regulations issued in December, the standard...

Sunlight Real Estate Investment Trust (“Sunlight REIT”) Interim Results for the Six Months Ended 31 December 2021

HONG KONG SAR - Media OutReach - 15 February 2022 - Henderson Sunlight Asset Management Limited (the "Manager") announces the interim results of Sunlight...

Kerry Logistics Network and Hengan Group’s Joint Venture Karrion Meets Strong Demand for COVID-19 Rapid Test Kits in Hong Kong

HONG KONG SAR - Media OutReach - 15 February 2022 - Kerry Logistics Network Limited's ('KLN'; Stock Code 0636.HK) joint venture with Hengan International Group Company Limited ('Hengan...

Iberian ham adds value in healthy sports diets to winter Olympic athletes

HONG KONG SAR - Media OutReach - 15 February 2022 - February has become a key month for winter sports enthusiasts. The 2022 Winter Olympics have officially...

Medriva™ COVID-19 Rapid Antigen Test Kits to Launch at Mannings, Largest Pharmacy Chain in Hong Kong; Company to Donate $4 Million of Test Kits...

HONG KONG SAR - Media OutReach - 15 February 2022 - Medriva™ COVID-19 Rapid Antigen Test Kits will be made available across Hong Kong through its partnership with...