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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...

Vocational, Language Education to Grow Under New National Cooperation

A new partnership is set to expand access to education and training for young students across Laos, especially those from ethnic communities. The Research and...

Laos Targets Five Percent Annual Growth by 2030 Amid Economic Reforms

The Lao government has unveiled an ambitious strategy aimed at boosting national growth and modernising key sectors as Laos continues to recover from years...

Asian Markets Wobble as Trump-Xi Talks Offset by Musk Row

AFP - Asian markets stuttered Friday as optimism from "very positive" talks between United States presidents Donald Trump and China Xi Jinping was wiped...

Lao Language Ranked ‘Moderately Difficult’ by US Foreign Service Institute

The Foreign Service Institute (FSI) of the United States Department of State has classified Lao as a “moderately difficult” language for native English speakers...

Laos to Upgrade National Road No. 12 in 2025, Enhancing Thailand-Vietnam-China Trade Link

Laos will begin upgrading National Road No. 12 in late 2025. The project, expected to take around 30 months, aims to improve the 147-kilometer...

China Launches Multi-Entry ‘ASEAN Visa’ to Boost Regional Ties

China has introduced a new “ASEAN Visa” for citizens of the ten Association of Southeast Asian Nations (ASEAN) member states and observer Timor-Leste, Chinese...