26 C
Vientiane
Friday, June 27, 2025
spot_img

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...

Salavan Opens First Drug Rehabilitation Center to Combat Substance Abuse

Salavan Province inaugurated its first dedicated drug rehabilitation center on 10 June, marking a significant step in tackling substance abuse and supporting the recovery...

Laos Agricultural Exports Reach USD 977 Million in Early 2025, Eyes Expansion into New Markets

Laos has made significant progress in agricultural exports, generating USD 977 million in revenue during the first five months of 2025, achieving 65 percent...

Laos Sees 1.2 Million Tourist Arrivals in Q1 2025, Up 28 Percent from Previous Year

Laos welcomed over 1.2 million tourists in the first quarter of 2025, marking a 28 percent increase compared to the same period in 2024,...

Laos Launches Nationwide Blood Drive Amid Persistent Shortages

As World Blood Donor Day approaches on 14 June, Laos is taking urgent action to address its ongoing struggle with blood shortages through a...

Bokeo Launches Task Force and Watchtower Amid Surge in Methamphetamine Seizures

Bokeo Province has intensified efforts to combat drug trafficking and related crimes with the launch of a special task force and the completion of...

Laos Improves in Corruption Index but Still Ranks Among Southeast Asia’s Lowest

Laos has made noticeable progress in the fight against corruption, improving its score by five points in the 2024 Corruption Perceptions Index (CPI) released...