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Friday, June 27, 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...

Fake Scholarship Scams Target Lao Students on Social Media

Social media users in Laos have raised concerns about a surge in suspicious scholarship advertisements that target students aspiring to study abroad, particularly in...

Lao Government Unveils Four Strategies to Boost Domestic Power Generation

The Lao government has announced four key strategies aimed at accelerating domestic power generation, to address the country’s ongoing electricity shortage.  Speaking at a National...

Laos Shakes Up Cabinet in Sweeping Reform, Names New Central Bank Chief

Laos has carried out a sweeping government reshuffle, replacing or reassigning nine ministers along with the governor of the central bank.  The move follows a...

NEXTPrep Summit 2025 Empowers Nearly 500 Lao Students to Discover Their Next

On 10 May, the inaugural education event NextPrep Summit 2025 brought together more than 480 students from across Laos for a day of inspiration,...

At Least 15 University Students Die in Malaysia Bus Accident

AFP - At least 15 people were killed when a bus carrying university students smashed into a minivan in northern Malaysia early Monday, local...

Eight Companies Vie to Renovate Luang Prabang International Airport

On 3 June, seven international and one local company submitted preliminary qualification documents for the Luang Prabang International Airport Improvement and Development Project, a...