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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, Malaysia Open New Rail-Sea Trade Corridor

Laos and Malaysia have launched a new trade corridor to improve regional logistics and strengthen economic ties, providing a direct route from Laos to...

Southeast Asian Leaders Meet to Talk Tariffs, Truce, East Timor

AFP, Isabelle LEONG and Jan HENNOP - Southeast Asian leaders meet Monday for their first summit since Donald Trump's tariff policies upended global economic...

Laos, Thailand Partner to Boost Buddhist Education for Monks

Laos and Thailand have signed a new agreement to enhance Buddhist education for Lao monks through scholarships, academic exchanges, and institutional support. On 21 May,...

Vientiane Discusses Restoration Plan of Historic Black Stupa

The iconic That Dam, or Black Stupa, one of Vientiane’s most culturally significant landmarks, is set to undergo a major restoration as part of...

Laos Nears Launch Southeast Asia’s Largest Wind Farm

Laos is set to launch its first wind farm, and the largest in Southeast Asia, by the end of the year, with all 133...

Bolikhamxay Inmates to Get Job Training Through China-Laos Deal

The Bolikhamxay Provincial Public Security Headquarters has entered into a 25-year agreement with a Chinese mining company to provide vocational training for prisoners. This...