Business

Laos Signs Deal for 330MW Coal Power Plant in Xieng Khouang

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

BTS Skytrain Workers in Bangkok Threaten Strike Over Unpaid Debts

Over 300 employees of the BTS Skytrain said they were willing to stop working and bring the city’s mass transit system to a standstill...

Kenanga Investors Wins Best Mixed Assets – Malaysia Provident Fund Group At 2023 Refinitiv Lipper Fund Awards

KUALA LUMPUR, MALAYSIA - Media OutReach - 16 March 2023 - Kenanga Investors Berhad ("Kenanga Investors") received five awards at the Refinitiv Lipper...

SAUDIA Signs an Agreement with Boeing to Order 49 Boeing 787 Dreamliners

In support of its strategic objective to bring the world to the KingdomRiyadh, Saudi Arabia - Newsfile Corp. - March 15, 2023 -...

COVOS Launches Global Digital Economy Investment Management Platform

NEW DELHI, INDIA - Media OutReach - 15 March 2023 - COVOS launched a global digital economy investment management platform for Southeast Asia,...

DHL Global Connectedness Index: Globalization resilient even as U.S.-China decoupling advances

Global flows of trade, capital, information stronger than pre-pandemic; people flows recovering ...

Comba Has Been Appointed by China Mobile Hong Kong to Provide 5G Indoor Coverage Solution for LAWSGROUP’s Flagship Technology Property in Hong Kong

HONG KONG SAR - Media OutReach - 15 March 2023 - Comba Telecom Systems Holdings Limited ("Comba Telecom" or "the Group",...