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Sunday, June 29, 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...

Laos Launches Halal Certification Project to Boost Exports

Lao Micro, Small and Medium Enterprise (MSMEs) Promotion Agency has initiated a project to enhance the productivity of local manufacturers to meet Halal certification...

Laos Approves New Dry Port Project in Bolikhamxay

Laos has taken a new step toward becoming a regional trade hub by leasing land for a new dry port next to the 5th...

Laos to Launch New Greenhouse Gas Emissions Inventory Ahead of COP30

Laos has launched a renewed effort to transform its energy sector as part of its broader commitment to tackling climate change. At a national workshop...

Luang Namtha Plans Restoration of Tad Nam Dee Waterfall After Storm Damage

Authorities in Luang Namtha Province are reviewing plans to restore the Tad Nam Dee Waterfall, a popular natural tourist site, following significant damage caused...

Vientiane South Station Drives Southeast Asia’s Fruit Logistics

Laos’ Vientiane South Station has become a crucial regional fruit distribution center, now handling over 2,000 tons of tropical fruit daily.  According to the Lao-China...

Goods Prices Stay High in Laos Despite Slight Dip in Inflation to 11.1% in April

Laos’ inflation rate edged down slightly to 11.1 percent in April, a modest decline from 11.2 percent in March and 12.7 percent in February,...