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...

Prudential plc Full Year 2022 Results

A Resilient Performance In 2022, Well Positioned For Opportunities In 2023 And BeyondHONG KONG SAR - Media OutReach - 15 March 2023 -...

Vietnam’s Richest Man Starts Electric Taxi Company

Pham Nhat Vuong, who is the wealthiest man in Vietnam, has established GSM, an electric taxi company that hopes to speed up the creation...

Dachser acquisition in Australia and New Zealand

The takeover of air and sea freight forwarder ACA International adds six locations Down Under to the company’s own Air & Sea Logistics (ASL)...

VinBrain becomes NVIDIA Inception Premier Member

HANOI, VIETNAM - Media OutReach - 14 March 2023 - VinBrain has become a Premier member of NVIDIA Inception, a...

MetaTrust Labs Announces Strategic Partnership with BingX

SINGAPORE - Media OutReach - 14 March 2023 - MetaTrust Labs (short for "MetaTrust"), founded by the globally renowned research team in...