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...

Graphisoft’s Archicad Collaborate makes leading BIM technology more accessible through new subscription offering

With Archicad Collaborate, architects now have easy, affordable access to powerful BIM technology for design and cloud collaboration.BUDAPEST, HUNGARY - Media OutReach -...

Youth Aspirations Lighting up the curiosity of “Generation Z” around the world

The Chinese Association for Radio, Film & TV Exchanges, together with Yoywow Communications presents outstanding "Chinese Generation Z" content creators to the world, aiming...

New Research Reveals That Employees with All Levels of Digital Skills Boost Hong Kong’s Annual GDP by US $47.5 billion

73% say digital skills will be very important or extremely important to their business over the next five years, but 72% of organizations are...

Tongcheng Travel Sailed Through Pandemic with Strong Base to Embrace Growth

Strong User Base, Diversified Service Offerings and Deepened Penetration to Secure Opportunities from China’s Travel Rebound HONG KONG SAR - Media OutReach...

Gold market shows screaming buy signals at the start of 2023

Increased demand for jewellery in mainland China and Malaysia will cause gold to soar above $2,000 in 2023.KUALA LUMPUR, MALAYSIA - Media OutReach...