Business

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Vientiane’s Shared E-Bikes Return Amid Parking, Licensing Concerns

Red electric bikes bearing the “Laos Shared E-Bike” logo have reappeared across Vientiane, raising...

Mr. Kok-Chye Ong Appointed as Managing Director, Head of IDC (ex-China) at Gaw Capital Partners

HONG KONG SAR - Media OutReach - 13 July 2021 - Gaw Capital Partners today announced the appointment of Mr. Kok-Chye Ong as Managing...

Microsoft and NEC Expand Strategic Partnership to Boost Business Resiliency and Growth

TOKYO, JAPAN and REDMOND, WASH. - Media OutReach - 13 July 2021 - Microsoft Corp. (Microsoft) and NEC Corporation (NEC;...

AXA introduces “LoveAssure Critical Illness Protection” Series

Market-exclusive Dementia Multi-care Benefits Continuous Cancer Payout Benefit up to 100 months Up-to-date comprehensive protectionHONG KONG SAR -...

Disposal of Wirecard Subsidiaries in Asia well advanced – Further sale in Indonesia – Transactions completed in Hong Kong and Malaysia

Rechtsanwalt Dr. Michael JafféInsolvency Administrator of Wirecard Sales International Holding GmbH Disposal of Subsidiaries in Asia well advanced: ...

Tanoto Foundation Donates 500 Tons of Oxygen for Covid-19 Patients

JAKARTA, INDONESIA - Media OutReach - 12 July 2021 - To support Indonesia's efforts in the urgent fight against the COVID-19 pandemic,...

Southco Announces Siegfried Xu As Asia Pacific General Manager, Transportation

SHANGHAI, CHINA - Media OutReach - 12 July 2021 - Southco, a leading global supplier of engineered access hardware solutions has devoted...