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Thursday, July 3, 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...

Laos to Enforce Graphic Health Warnings on Cigarette Packs

Laos is set to implement redesigned cigarette packs featuring large graphic health warnings to reduce smoking rates and deter tobacco use, becoming the third...

Government Issues Regulation to Prevent Hoard Goods, Raise Prices During the New Year

On 29 November, the Lao Ministry of Industry and Commerce issued an official announcement to ensure fair business practices and protect consumers during the...

French Ambassador Visits Holiday Inn Vientiane to Explore Schneider Electric’s Energy Solutions

French Ambassador to Laos, Siv Leng Chhuor, visited the Holiday Inn & Suites Vientiane, an InterContinental Hotels Group (IHG) property, on 28 November to...

Laos Earns Over 200 ASEAN Tourism Awards, Global Acclaim

Laos continues to shine on the global tourism stage, earning 219 ASEAN Tourism Standards Awards for its dedication to sustainability and exceptional travel experiences.  On...

Thai Court Issues Warrant for Healthcare Mogul Over Fraud Linked to Laos, Vietnam

Thailand’s Criminal Court issued arrest warrants on 22 November for Boon Vanasin, a Thai national founder of Thonburi Hospital and chairman of Thonburi Healthcare...

ASEAN Defense Ministers Unite in Laos for Peace and Security Talks

The 18th ASEAN Defense Ministers’ Meeting (ADMM) and the 11th ADMM-Plus successfully concluded in Vientiane, Laos, from 19 to 22 November. Held under the...