Business

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 the nationwide overstay rate reaches 70 percent, under new rules introduced as the country expands overseas job opportunities. A provincial overstay rate above 20 percent will trigger a one-year suspension of visa issuance for Bolikhamxay Province,...

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...

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Vetter Once Again Wins Axia Best Managed Companies Award

Honor confirms continuity and the pharmaceutical service provider's approach to sustainability Internationally renowned seal of quality for exemplary corporate managementPositive assessment of strategy, innovation, culture...

Rising expectation of ‘cashless’ societies worldwide: a second annual report by the Economist Intelligence Unit (EIU), shows growing acceptance of digital currencies, accelerated by...

Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are...

African Energy Chamber: Africa Must Fight Energy Poverty with Oil and Gas Development

JOHANNESBURG, SOUTH AFRICA - EQS Newswire - 26 May 2021 - On May 18, 2021, the International Energy Agency (IEA) released "Net Zero by...

Coface China Corporate Payment Survey 2021: Rising Payment Risks in Construction and Energy Sectors Despite Stronger Economic Outlook

HONG KONG SAR - Media OutReach - 26 May 2021 - Overall, the Chinese economy expanded by 2.3% in 2020, being the...

MTR Corporation and Kerry eCommerce Join Hands to Launch “Kerry Express @ MTR Shops” New Retail Solution

HONG KONG SAR - Media OutReach - 25 May 2021 - MTR Corporation (Stock Code 0066.HK) and Kerry Logistics Network Limited ('Kerry Logistics Network';...

Freightlancer acquires freight marketplace Loadshift, receives investment from Maas Group founders, appoints new CEO.

Freightlancer, a subsidiary of Freelancer Limited (ASX: FLN) (OTCQX: FLNCF) acquires Loadshift, Australia’s leading heavy haulage transport marketplace. SYDNEY, AUSTRALIA - News Direct - 25...