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...

Bybit Takes VIP Program to the Next Level With Major Upgrades and Improvements

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 March 2023 - Bybit, the world's third most visited crypto exchange, has revamped...

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 March 2023 - Bybit, the world's third most visited crypto exchange, today announced zero...

CUHK Business School Celebrates Its 60-year Legacy of Forging the City’s Largest Business School Alumni Network

CUHK Business School celebrates 60 years of founding as the first business school in AsiaHONG KONG SAR - Media OutReach - 10 March...

Anil Wadhwani Joins Prudential plc as Chief Executive

As previously announced on 25 May 2022, Anil Wadhwani will join Prudential plc (“Prudential”) on 25 February 2023, as Chief Executive. He will present 2022...

Southco introduces New Ejectors for E1.S Solid State Drives

HONG KONG SAR - Media OutReach - 10 March 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

SPTel launches Singapore’s first Sensor Network powered by LoRaWAN Gateways that run on solar energy to scale Smart Nation Vision

SINGAPORE - Media OutReach - 10 March 2023 - SPTel, a joint venture company of ST Engineering and SP Group, today announced the...