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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...

United States Plans to Hit Southeast Asian Solar Imports with Tariffs as High as 3,400 Percent

On 21 April, the United States Department of Commerce announced its final decision in a major trade investigation targeting solar imports from four Southeast...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent company Delivery Hero announced on 23 April.  The decision is a...

Lao-Thai Health Project Trains More Than 1,170 Professionals Under Princess Sirindhorn’s Initiative

Over 1,170 Lao health professionals have been trained through a long-running initiative led by Princess Maha Chakri Sirindhorn of Thailand. Now nurturing a new...

Laos Expands Military Teacher Training Program to Tackle Teacher Shortage

As the teacher shortage in Laos continues to affect rural communities, Phongsaly Province has joined national efforts to train military personnel as primary school...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional cooperation and accelerating climate action at the 81st session of...

Luang Prabang Surges Past Tourism Goals with Over 1.1 Million Visitors, Fueling Economic Growth

Luang Prabang experienced a tourism boom in the first quarter of the year, generating USD 584,665,369 million in revenue, marking a 162 percent increase...