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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...
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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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Xapo Bank Announces Updated Member Benefits Including 4.1% interest on US Dollars, 1% Interest on Bitcoin, and GBP Transfer Capabilities through the Faster Payment...

BANGKOK, THAILAND - Media OutReach - 21 March 2023 - Xapo Bank, the world's first international private bank to combine traditional banking...

Cloud Comrade Signs Strategic Collaboration Agreement with AWS to Accelerate Digital Skilling and Cloud Transformation for Customers in ASEAN

Cloud Comrade becomes first Singapore-headquartered born-in-the-cloud partner to sign a strategic collaboration agreement with AWS SINGAPORE - Media OutReach - 21 March 2023...

Appointment of Jonathan Shelley as COO & General Counsel and key technology updates

HONG KONG SAR - Media OutReach - 21 March 2023 - 3 Capital Partners, the private investment office that allocates capital on behalf...

Avaloq, an NEC Company: Results Show Investors Are Ready for AI in Wealth Management

Tokyo, Japan - Newsfile Corp. - 20 March 2023 - NEC Corporation (TSE: 6701) (OTC Pink: NIPNF) shares a recent survey conducted by Avaloq,...

First Phosphate Obtains High Purity 40.2% Apatite Concentrate in Metallurgical Testwork Based on Lac à L’Orignal Property in Quebec, Canada

Saguenay, Quebec - Newsfile Corp. - 20 March 2023 - First Phosphate Corp. (CSE: PHOS) (FSE: KD0) ("First Phosphate" or the "Company") is pleased...

Fosun’s Businesses Show an Upward Trend, Nomura Reiterates its “Overweight” Rating

HONG KONG SAR - Media OutReach - 20 March 2023 - On 19 March 2023, Nomura Orient International Securities ("Nomura") published a research...
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