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...

Sun Hung Kai & Co. (86.HK) Announces 2020 Annual Results

Profit Attributable to Owners of the Company up 22% to HK$2,547.7 million; Basic EPS up 23% to HK128.3 cents  Financial Highlights For the...

Chinachem Group makes HK$3.8 million matching donation for spinal cord injury relief following paraplegic’s epic climb of Nina Tower

HONG KONG SAR - Media OutReach - 18 March 2021 - New hope will soon be given to Hong Kong people with spinal cord...

Chinachem Group makes HK$3.8 million matching donation for spinal cord injury relief following paraplegic’s epic climb of Nina Tower

HONG KONG SAR - Media OutReach - 18 March 2021 - New hope will soon be given to Hong Kong people with spinal cord...

Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

SINGAPORE - Media OutReach - 18 March 2021 - Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT...

Viet Nam National University Ho Chi Minh City aims at becoming nucleus of Ho Chi Minh City’s innovative eastern urban area

HO CHI MINH CITY, VIETNAM - Media OutReach - 18 March 2021 - The HCM City People's Committee has recognised the Việt Nam...

With Spot Wave, NetApp Helps Organisations Drive Down Infrastructure Cost and Complexity for Big Data Applications on Kubernetes

Spot Wave allows organisations to focus on developing data applications, by providing a serverless infrastructure for running Apache Spark applications on Kubernetes SINGAPORE - Media...