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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...
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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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BNM decision to affect Malaysian ringgit’s fate this week

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023 - Over the past year, Malaysian ringgit (MYR) has been one of the...

Xapo Bank Becomes the First Bank to Offer Near-Instant Bitcoin Payments On the Lightning Network Powered by Lightspark

Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network.BANGKOK, THAILAND - Media OutReach - 9 March 2023...

Array Go Has Launched: ArrayFi’s Answer to AI in Blockchain

VICTORIA, MAHE, SEYCHELLES - Media OutReach - 9 March 2023 - Array Go, the fully automated algorithmic intelligence, has launched and geared...

Impro (1286.HK) 2022 Annual Revenue Up 15.3% YoY to HK$4,354.7 million

Adjusted Profit Attributable to Shareholders of the Company Surges 53.7% to HK$649.1 Million Full-Year Dividend...

Laos Records Lowest Year-on-Year Trade Deficit of USD 13 Million in January

The country reported a trade deficit of USD 13 million in January, the lowest figure recorded since last year. The trade deficit in Laos soared...

Colgate and foodpanda join forces to unlock q-commerce accessibility for customers in Asia

Colgate and foodpanda have started a collaboration to expand customers’ access to Colgate products in more than 400 cities across 11 markets within Asia...
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