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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...

Thailand Falls Behind in Sustainable Tourism as Laos Wins Global Praise

Thailand is falling behind in the race for sustainable tourism, industry leaders warned at the Thailand Tourism Forum 2025, held on 7 May in...

Luang Prabang Pushes for Green Destination Certification to Boost Sustainable Tourism

Luang Prabang is taking steps to further enhance its tourism sector by exploring the possibility of receiving the prestigious Tourism Destination Award from the...

Thailand Urges Laos to Resume Cattle Imports After Anthrax

Thailand is planning to consult Laos and Vietnam to lift the ban on cattle imports after an anthrax outbreak in the country amidst concerns...

Phu Quoc Airport Set for Mega Upgrade Ahead of APEC 2027

Phu Quoc International Airport in Kien Giang Province will undergo major expansion and upgrades to support the 2027 APEC (Asia-Pacific Economic Cooperation) Economic Leaders'...

Thailand Cuts Growth Forecast on Tariff Uncertainty

AFP - Thailand has downgraded its 2025 economic forecast due to uncertainty over trade tariffs threatened by US President Donald Trump, senior officials said...

Laos Targets 577,000 Tonnes to Boost National Food Self-Sufficiency

The Lao government has announced plans to increase the country’s production of meat, fish, and eggs to 577,000 tonnes this year in an effort...