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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...

Xieng Khouang Airport to Reopen in June, Defense Ministry Says

Xieng Khouang Airport, also known as Thong Hai Hin Airport, is expected to reopen in June 2025 after a year of renovation, as its...

From Seed to Community: How Lao Tobacco Limited Partners with Lao Farmers

Across the provinces of northern and central Laos, Lao Tobacco Limited (LTL) is working on developing rural livelihoods through its LEAF Department, a division...

Laos, Switzerland Strengthen Efforts to Improve Dam Safety

Laos and Switzerland have reaffirmed their commitment to safer hydropower development with the successful convening of the Steering Committee meeting for the Dam Safety...

First Lao Student in Morocco Wins Top University Award

Khanpangna “Eno” Khounsy, a 24-year-old student from Laos, has made history by becoming the first Lao national to receive the prestigious Prix d’Excellence from...

Laos Sets Sights on Becoming Asia’s Gold Trading Powerhouse

Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years. At...

Laos Begins Transition to Underground Power, Communication Cables

Laos has launched a new infrastructure project aimed at relocating internet, communication, and low-voltage electricity cables underground. The move is expected to improve public...