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...

BEST Inc. Holds 1st Network Conference for 200 Partners in Malaysia and Singapore, Continues to Support Partners’ Profitable Growth

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 March 2023 - BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart...

NGT’s Fully Intuitive Integrated AI Application System Officially Enters Public Testing in Hong Kong as the City’s First of its Kind

Collaborate with Indigenous Businesses and Leverage the AI-tech Agitation to Accelerate Local Digital TransformationHONG KONG SAR - Media OutReach - 13 March 2023...

Goldwater International to launch one-stop wealth management service Covering diversified trust schemes, comprehensive asset allocation and tax planning

HONG KONG SAR - Media OutReach - 13 March 2023 - Goldwater International Limited is pleased to announce the launch of a one-stop...

VHIS is more than tax deductions, be mindful of the calculation and get insured wisely

HONG KONG SAR - Media OutReach - 13 March 2023 - Voluntary Health Insurance Scheme (VHIS) policyholders are eligible to claim up to...

Prudential plc included in the Shanghai – Hong Kong Stock Connect Programme

HONG KONG SAR - Media OutReach - 13 March 2023 - Prudential plc ("Prudential") today announced that Prudential's shares, which trade on the...

Digital 2023 Report on Laos Released: Internet, Mobile, and Social Media

Internet penetration and social media use increased in Laos in 2023, with internet speeds increasing and more adoption of mobile phones.  Meltwater and We Are...