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...

7-SELECT Collaborates with PABLO, the Cheese Tart Bakery from Japan, To Launch 5 Brand-New Cheese-Inspired Delights

HONG KONG SAR - Media OutReach - 5 March 2021 - Many of us are big cheese fans and cheese-based desserts are all...

4 in 5 Businesses Affirm That Workflow Automation Enhances Employees’ Work Rather Than Replace Them, But a Knowledge Gap Persists

81% of employers say that workflow automation will enhance employees' work instead of replacing them, though 63% highlighted lack of background knowledge...

Working together, the Akita Shirakami area rethinks tourism in the age of Covid-19 through new PR video and grassroots project

AKITA PREFECTURE, JAPAN - Media OutReach - 5 March 2021 - Focusing on community collaboration, DMO Akita Shirakami Tourism announced...

Amazon Singapore empowers women-owned small businesses this International Women’s Day

Amazon Singapore encourages consumers to shop from small businesses and bolsters support for sellers by shining the spotlight on women entrepreneurs, including founders of...

Yuexiu REIT Announces 2020 Annual Results

Guangzhou IFC sees rapid recovery in 2H2020 and revenue up 31% compared to 1H2020;Yuexiu REIT's overall performance strongly rebounded The overall operation remained with end-of-period...

Cryptology Asset Group: Leads $30 Million Series B Funding Round of Neobroker nextmarkets

The Alan Howard and Peter Thiel-backed fintech has grown at an average rate of 207% (CAGR) since its launch in 2018. VALLETTA, MALTA - EQS...