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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...

MODIFI Announces 145m USD to Power International SME Trade Among Supply Chain Turmoil

AMSTERDAM, THE NETHERLANDS - Media OutReach - 15 December 2021 - Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon...

ARISTA Biotech Confirms Antigen Test Effectiveness Against Omicron and other COVID variants

SINGAPORE - Media OutReach - 15 December 2021 - ARISTA Biotech Pte Ltd ("ARISTA"), manufacturer of COVID-19 antigen & antibody diagnostics, confirms that its...

Salaries expected to recover to pre-COVID-19 pandemic levels in Southeast Asia in 2022, Aon study reveals

Salary increases in 2021 were lower than in 2020; bonus pay-outs dropped approximately 25 percent.Some industries, such as private banking, saw continued...

Qwang Launches in Singapore New Vietnamese Rice Noodle Salad Experience With A Healthier Twist

SINGAPORE - Media OutReach - 15 December 2021 - Qwang, a brand new quick-serve Vietnamese Rice Noodle Salad concept, opens its doors this December, bringing refreshing...

Allianz: Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers

AGCS report identifies trends for risk managers, brokers and insurers in the Directors and Officers (D&O) space.Pandemic-related insolvency risks have not yet ...

Bright Food Global Selects Infor to Deliver Essential Ingredients for Success in Group-wide Cloud Transformation Program

Australia’s major provider of leading retail and premium food brands is one of the first in ANZ to tap into Infor’s Coleman Artificial Intelligence...