Industries

Champassak tourism continues to flourish

Champassak provincial authorities anticipate the tourism sector will double in the next five years, with visitor numbers expected to comfortably reach the goal of more than 500,000 this year after 400,000 last year. According to an official from Champassak Information, Culture and Tourism Department, recent figures ...

Tea brews female empowerment in Lai Chau

Lo Thi Thom is happily looking forward to moving with her family into their new spacious house before the Tet (Lunar New Year) holiday. She is a 30-year old Thai woman from Kun Ha Commune in Tam Duong District. Her new two-storey house, which is near ...

Review on further tax break

The Revenue Department may renew the 15,000-baht tax break on domestic tour packages and hotel accommodation that expired last month.  The tax-collecting agency will also decide whether to extend the deduction for one year or two, director-general Prasong Poontaneat said. Keep reading ...

Casino tax receipts up 33 pct in 2015: government

The government collected $34.7 million in taxes from Cambodia’s 63 licensed casinos in 2015, a 33 per cent increase over the previous year, a Ministry of Economy and Finance official said on 12 January. Ros Phirun, deputy director of the ministry’s Finance Industry department, attributed the ...

Mandalay tent dwellers hope to get public housing

Tent-dwellers on the banks of the Ayeyarwady River in Mandalay may soon be exchanging their canvas walls for bricks and mortar, as the regional government seeks tenants for newly completed low-cost housing. The Mandalay Region government has decided not to charge would-be tenants a deposit amounting ...

Luang Prabang drawing more Chinese visitors

A large number of Chinese tourists are expected to visit Luang Prabang province this year and may constitute the largest number of all nationalities visiting the world heritage site. Last year most visitors to the northern town came from Thailand, with Chinese nationals ranking second. An official ...

Question in Thailand's Nakhon Phanom: Disney Laos is a hoax?

Business leaders in Nakhon Phanom are scrambling for facts to verify the reported construction of Disney Laos, with fears that this could be a hoax which could spark land price speculation in the northeastern province. Charnyuth Uppapong, chairman of the provincial chamber of commerce, said on ...

Laos-China railway project expected to carry 3.8m passengers in first year

Domestic passengers commuting through the planned Laos-China railway project are expected to reach 3.98 million in its first year, a study has showed. The number of domestic passengers is forecast to rise to 6.11 million annually in the short term and jump to 8.62 million annually over ...

Downward spiral persists in exports of Lao coffee amid world price slump

The volume of coffee exports from Laos has decreased continually over the past couple of years due to a slump in coffee prices on the world market. Total coffee exports in 2014 reached 26,000 tonnes at an estimated value of US$60 million (Bt16.6 billion), which fell ...

Vietnam beer sales up 10 pct amid rising competition

Vietnam’s beer production grew 10 percent in 2015 to 3.4 billion liters, with a new report saying the pace has slowed down from a decade ago due to competition with foreign brands.   Saigon Beer, Alcohol and Beverage Company (Sabeco), the biggest player in the market, produced ...

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