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Saturday, June 28, 2025
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Economy

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 businesses from taxes, aiming to ease their burden and improve tax efficiency, Finance Minister Santiphab Phomvihane said. Under the new system, micro-enterprises would be allowed to deduct operational expenses before calculating their tax obligations, shifting away...

Water Shortages Persist in Laos Amid Rising Demand and Weather Challenges

The Water Supply Enterprise of Champasack issued a statement on 23 June addressing the...

Laos, South Korea Launch Medical University Project in Vientiane

Laos is establishing the first infrastructure for the University of Health Sciences (UHS) in...

Laos Clarifies LAK 3,000 Telecom Fee After Viral Video Sparks Public Doubt

A government official has clarified the purpose of the LAK 3,000 (USD 0.14) monthly...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

President Thongloun Sisoulith to Attend Nikkei Forum 2025

President Thongloun Sisoulith will attend as speaker in the 30th International Conference on the Future of Asia in response to the invitation of the...

Vietnam’s Vingroup Eyes Multi-Million Dollar High-Speed Rail Project

AFP - Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multi-billion-dollar high-speed railway from Hanoi to Ho...

Green and Smart Mobility Launches EV Platform, VinFast Car Sales in Laos

On 17 May, Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service officially...

Ireland, WFP Back Climate-Resilient Farming for Women in Northern Laos

Press Release - The Ambassador of Ireland to Laos, Deirdre Ní Fhallúin, announced on 16 May Ireland’s funding of EUR 400,000 (approximately USD 432,000)...

Cassava Exports from Laos Surge as Railway Boosts Trade Efficiency

Cassava exports from Laos have grown significantly in early 2025, thanks to increased shipments along the Laos-China Railway.  In the first five months this year,...

Thai Energy Minister Visits Laos to Expand Cross-Border Electricity Trade Amid Corruption Probe

Thailand’s Deputy Prime Minister and Energy Minister, Pirapan Salirathavibhaga, arrived in Laos today on an official visit aimed at deepening energy cooperation, even as...