Business

Laos Signs Deal for 330MW Coal Power Plant in Xiengkhouang

A new 330-megawatt (MW) coal-fired power plant planned for Xiengkhouang 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...

CDP Launches World’s First Disclosure Framework for Banks Integrating Climate and Forest Impact

CDP invited the most significant lenders in the forest risk commodities (FRC) sectors to participate in the Financial Services Climate Change and Forests Pilot,...

First Ever ISCM Awards 2021 Opens for Application; Recognising Excellence in the Shopping Centre Industry

Unite the industry and strengthen Hong Kong‘s position as Asia's Shopping City HONG KONG, CHINA - Media OutReach - 10 March 2021 - The first...

Cryptology Asset Group Purchases Additional Block.one Shares in the amount of $30 million

Block.one, the publisher of the EOSIO software and the decentralized social media platform, Voice.com, boasts one of the world's largest Bitcoin balance sheets VALLETTA, MALTA...

SUSS MicroTec SE appoints Dr. Götz Bendele as Chief Executive Officer and Dr. Thomas Rohe as Chief Operating Officer

GARCHING, GERMANY - EQS Newswire - 10 March 2021 - SUSS MicroTec today announced that Dr. Götz Bendele will take over the position as...

NEFIN Group, a major Asian carbon neutral solutions provider continues to grow in Taiwan

NEFIN–Honda Logistics solar energy project officially completed HONG KONG SAR - Media OutReach - 10 March 2021 - The leading solar photovoltaic developer...

Uni-Bio Science Group and DotBio Announce Partnership to Co-Develop multi-specific DotBodies for people with retinal diseases

HONG KONG SAR - EQS Newswire - 10 March 2021 - A fully integrated biopharmaceutical company -- Uni-Bio Science Group Limited (the ...