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...

Kerry Logistics Network Posts 30% Growth in Revenue Core Net Profit Increased by 33%

HONG KONG SAR - Media OutReach - 25 March 2021 - Kerry Logistics Network Limited ('KLN', the 'Company' or together with...

CanAm’s Position as EB-5 Industry Leader Reaffirmed by Independent Audit

EB-5 regional center operator, CanAm Enterprises, continues to build on its track record of approved visas and repayment of capital. HONG KONG SAR - Media...

JY Grandmark’s 2020 contracted sales increase by 13.1% y-o-y to approximately RMB3,523.6 million

Manifest Advantage of "Eco-friendly and People-oriented Property" Contracted Sales Grow against the Market Trend Actively Expand...

New Advanced Energy Compact Power Factor Correction Module Enables Greater Power Efficiency for Wide Range of High-Voltage Applications

Next-generation module optimizes utilization of electrical power for medical devices, unmanned aerial and terranean vehicles and a wide range of industrial applications DENVER, COLORADO -...

Employers Say Adaptive Skills More Critical To Business Viability Since Covid-19 Pandemic: NTUC LearningHub Survey

Adaptive skills have grown in importance since the start of the COVID-19 pandemicEffective communication topped the list of key skills needed for...

Urban Resort Concepts Appoints New CEO To Lead Brand Into New Era of Ultra Luxury Hospitality

SHANGHAI, CHINA - Media OutReach - 25 March 2021 - Urban Resort Concepts has appointed luxury hospitality leader, Mr Mark DeCocinis as...