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...

Wealth Effect Sends S&Ps Surging 66% y-o-y in January and February, and expected to jump to 74% y-o-y in Q1

Home Prices Expected to Rise by 5% in Q2  Residential market remained most active with total transactions rising by 69% y-o-y for January...

VinUniversity opens special admission round to attract international students and internationally-recognised talents

With the aspiration to create a world-class university and be among the top 50 young universities in the next 30 years, VinUniversity...

SUN Logistics launches new RACSF warehouse

Offering a Turnkey & Customizable Logistic Solution HONG KONG SAR - Media OutReach - 11 March 2021 - SUN Logistics announced today the launch...

Singapore Semiconductor Industry Association Launched The First Semiconductor Women’s Forum

Diversity Is Key To Address Challenges Facing Semiconductor Industry SINGAPORE - Media OutReach - 11 March 2021 - The Inaugural Semiconductor Women's Forum in...

Innovative software-based contactless payments solution, SoePay SoftPOS launches in Hong Kong

HONG KONG SAR - Media OutReach - 11 March 2021 - SoePay, a FinTech subsidiary of Spectra Technologies Holdings Co. Ltd., today...

Attractive New M5 Magnetic Catches from Southco Hold Panels and Doors in Place

HONG KONG SAR - Media OutReach - 11 March 2021 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global...