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...

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...

Comba Telecom Launches Multi-RAT Multi-Band Open Radio Solution

Industry's first Open RAN multi-RAT, multi-band RRU for 1800MHz and 2100MHzBoost Global Trials with its Energy Efficient Open RAN Radio Units ...