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...

Hong Kong Baptist University-led research unveils cell entry mechanism of SARS-CoV-2 and therapeutic target for COVID-19

HONG KONG SAR - Media OutReach - 20 March 2023 - A study led by scientists from Hong Kong Baptist University (HKBU) has...

China’s High-end Manufacturing Products from Electromechanical Field Show up in Singapore

BEIJING, CHINA - Media OutReach - 20 March 2023 - From March 22 to 24, China's Machinery & Electronics Show in Singapore (CMESS...

Thailand’s SEAC Eyes Bold Expansion in the ASEAN SMART Learning Market

SEAC is expanding its SMART learning solutions across the ASEAN region.BANGKOK, THAILAND - Media OutReach - 20 March 2023 - SEAC, a leading...

Finance Ministry To Issue More Government Bonds via Lao Securities Exchange

The Ministry of Finance has announced the sale of a new tranche of government savings bonds worth trillions of kip. Lao News Agency reports...

Avery Dennison launches AD XeroLinr DT™, its linerless label portfolio for variable information printing

SINGAPORE - Media OutReach - 20 March 2023 - Avery Dennison Corporation (NYSE:AVY), a leader in global materials science and manufacturing, has launched...