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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...

artnet AG: Artnet Data and Analytics show key developments of art market in 2021, Indicate growth for 2022

Post-War and Contemporary Art show strongest growthPrice development highlights Fine Art's attractiveness as alternative assetPablo Picasso, Jean-Michel Basquiat, Andy Warhol most expensive artists in...

Azbil Receives Singapore Apex Corporate Sustainability Award 2021

TOKYO, JAPAN - Media OutReach - 17 January 2022 - Azbil Corporation announced that it has won a prestigious award in the Sustainable Solutions, Non-SME (small...

DHL Global Forwarding delivers Covid-19 antiviral pills to South Korea, the first country in Asia Pacific to receive the treatment courses

SEOUL, SOUTH KOREA - Media OutReach - 17 January 2022 - DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL...

Malaysia Global Business Forum (MGBF) launched roundtable series “The Evolving Threat Matrix of the Digital Economy”, to showcase better understanding of threat matrix key...

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 January 2022 - The recent global pandemic has fast-forwarded change. It has opened considerable opportunities for businesses to make...

Singapore based KaHa Pte Limited acquired by Imagine Marketing (boAt) to create next-generation IoT enabled wearable products and ecosystem

SINGAPORE - Media Outreach - 17 January 2022 - Imagine Marketing Private Limited (parent company of boAt) announced the acquisition of Singapore based KaHa Pte Limited,...

Laos Authorizes Two Crypto Exchange Platforms

Authorities in Laos have officially authorized two licensed cryptocurrency exchange platforms to operate in the country. The Bank of Laos (BOL) has granted their Agreement...