Business

Laos Signs Deal for 330MW Coal Power Plant in Xieng Khouang

A new 330-megawatt (MW) coal-fired power plant planned for Xieng Khouang Province is expected to significantly improve domestic electricity reliability for northern Laos, especially during the dry season (March to August) when river levels plummet. On 26 August, private developer B Rich Namphan Power Sole Co., Ltd. signed a contract for...

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Maruhan Japan Bank Lao Officially Launches VIP Banking Service

On March 30th, Maruhan Japan Bank Lao officially unveiled their VIP Banking service in the presence of government officials, diplomats, business partners, and VIP...

StatsBomb Sign Multi-Year Agreement with Liverpool FC

LONDON, UK - Media OutReach - 1 April 2021 - StatsBomb, the fast growing football data company, has signed a multi-year deal with English...

GS1 celebrates 50 years of digitalisation in commerce and calls for collaboration towards next-generation barcodes

The GTIN – the number behind the barcode – was developed 50 years ago and transformed the global economy HONG KONG SAR - Media OutReach...

DHL Express uncovers next wave of E-commerce growth

Whitepaper predicts online B2B increase of more than 70% by 2027 to US$ 20.9 trillion (2019: US$ 12.2 trillion)Covid-19 pandemic drives digital ...

Life Insurance Association, Singapore: Industry response to Position Statement on Integrated Shield Plans (IPs) by the Singapore Medical Association (SMA): Focus needs to be...

SINGAPORE - Media OutReach - 31 March 2021 - Integrated Shield Plans (IPs) impact most Singaporeans and IP insurers have been implementing...

TUMI unveils premium capsule luggage and travel collection inspired by McLaren

HONG KONG SAR - Media OutReach - 31 March 2021 - TUMI, the leading international travel and lifestyle brand, today unveils its...