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...

SUMMIT ASCENT HOLDINGS LIMITED REPORTS 2H & ANNUAL 2020 RESULTS

SUNCITY BECAME SUMMIT ASCENT’S PARENT COMPANY TdC ADJUSTED EBITDA TURNED POSITIVE IN 2H 2020 AS A RESULT OF SOLID LOCAL RUSSIAN BUSINESSES IN MASS...

Government Work Report to Promote the Steady Development of Real Estate Market

Cushman & Wakefield Releases Interpretation of Real Estate Policies in the 2021 China Government Work Report BEIJING, CHINA - Media OutReach - 23 March...

Singapore-listed GP Industries announces GP Batteries’ achievement of Gold ZWTL Validation for first plant in Malaysia

HONG KONG SAR - Media OutReach - 23 March 2021 - GP Industries Limited ("GP Industries") is pleased to announce that its ...

Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal

AMSTERDAM, THE NETHERLANDS - EQS Newswire - 23 March 2021 - Further to the notice released on 16 February 2021 pursuant to which...

BNOOK Property Limited provides one-stop solutions for UK second-hand brick and block property for self-occupancy and investment

The rise of a new industry owing to the UK house purchasing trend HONG KONG SAR - Media OutReach - 23 March 2021 -...

Spackman Media Group Artist Son Ye-jin Selected As Valentino’s Muse

Represented by MSteam Entertainment, a wholly-owned subsidiary of the associated company of Spackman Entertainment Group, Spackman Media Group, iconic Korean actress Son...