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...

CPA Australia: Taiwanese small businesses resilient and digital breakthrough expected

Taiwanese small businesses were less impacted by COVID-19 than other Asia-Pacific markets.Fifty-six per cent of Taiwan's small businesses expect to grow in 2021,...

Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication

ADDIS ABABA/SINGAPORE/ZURICH - Media OutReach - 31 March 2021 - The Fintech News Network is pleased to announce the launch of our...

Close to 6 million people across Asia Pacific acquire digital skills during COVID-19

Microsoft and LinkedIn launch next stage to help job seekers and employers move to a skills-based economy SINGAPORE - Media OutReach - 31 March 2021...

Madame Tussauds Singapore launches a new Marvel Universe 4D film

SINGAPORE - Media OutReach - 31 March 2021 - Feel the power of your favorite Marvel Super Heroes in Madame Tussauds Singapore NEW...

FS-ISAC Report Finds Cybercriminals and Nation-State Actors Are Converging, Increasing Cross-Border and Supply Chain Attacks

Recent incidents underscore need for a trusted conduit between financial services and third parties SYDNEY, AUSTRALIA - Media OutReach - 31 March 2021 -...

Q P Group Delivers Outstanding 2020 Annual Performance

Net Profit Surges by 53.5% to HK$129.3 Million; Remarkable 52.6% Revenue Growth in Web Sales Business  Financial Highlights (HK$'000)For the Year Ended 31 DecemberChange20202019Revenue1,232,6311,193,641+3.3%Gross...