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Saturday, June 28, 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...

Laos Opens First Nutrition Training Center to Combat Child Undernutrition

The Lao government, in partnership with the Korea International Cooperation Agency (KOICA), has officially launched the country’s first Maternal and Child Nutrition Training Center...

Laos Hits 60% Milestone on Mega Solar Project, Eyes Year-End Launch

A 1,000-megawatt solar power project in northern Laos’ Oudomxay Province has reached 60 percent completion and is scheduled to begin operations by the end...

Fake Facebook News Pages in Laos Mimic Real Media to Lure Victims in Online Scams

At first glance, everything looks real, the familiar logo, the breaking news post, the comments from local readers. But behind the page isn’t a...

Laos Records USD 14 Million Trade Surplus in April

Laos is showing signs of economic improvement in 2025, with a trade surplus, and declining inflation, Prime Minister Sonexay Siphondone shared during the government’s...

Vietnam to Introduce Lao Language in General Education Near Border Areas

Vietnam will begin offering Lao as one of eight foreign languages in its general education curriculum, starting with a pilot program in schools located...

Laos Signs Agreement to Build Longest Highway Connecting Laos, Vietnam

The Lao government has signed a Memorandum of Understanding (MoU) with Phongsavanh Group Co., Ltd. to develop the country’s longest expressway, marking a major...