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...

Effective April 1, 2021: itelligence | NTT DATA Business Solutions will operate as NTT DATA Business Solutions

Rebranding as NTT DATA Business Solutions is part of NTT DATA’s global growth initiative BIELEFELD, GERMANY - News aktuell - 30 March 2021 - ...

Hung Fook Tong Announces 2020 Annual Results

Gross Profit Margin Rises to 63.7%Profit attributable to owners of the Company Up 524.6% Year-on-YearFinancial Highlights(HK$'000)For the year ended 31 December20202019ChangeRevenue702,473775,789-9.5%Gross profit447,820488,705-8.4%Gross profit margin63.7%63.0%+0.7pptProfit...

Asia Pacific Real Estate Investment Volumes Forecast to Hit USD165 Billion in 2021

Growing volumes of international capital chasing China’s logistics, business parks and data center assets HONG KONG SAR - Media OutReach - 29 March 2021 -...

VinFuture has had more than 500 official nominators from 36 countries

HANOI, VIETNAM - Media OutReach - 29 March 2021 – The VinFuture Foundation announces that over 500 prominent scientists, universities, and recognized...

Chinachem Group Teams Up with HKSTP to Accelerate Smart City, Startup Development and Pilot-first Technology Adoption in Hong Kong

Dedicated programmes to shorten the innovation to commercialisation gap, and bring Hong Kong’s cutting-edge technology closer to the community HONG KONG SAR - Media OutReach...

Hong Kong Baptist University-led research unlocks the genomic secrets of organisms that thrive in extreme deep-sea environments

HONG KONG SAR - Media OutReach - 29 March 2021 - A study led by scientists at Hong Kong Baptist University (HKBU) has decoded...