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...

Epicor Drives Significant Cloud Adoption Across Asia

Key Investments and Customer Successes Underpin Growth in the RegionHONG KONG SAR - Media OutReach - 9 March 2023 - Epicor, a global...

Oscars 2023: raising the curtain on the recovery and risks in the entertainment industry

Allianz Global Corporate & Specialty (AGCS) has insured five of the 10 movies nominated in the...

Top PH FinTech GCash banners financial inclusion story at Mobile World Congress

MANILA, PHILIPPINES - Media OutReach - 9 March 2023 - GCash president and CEO Martha Sazon bannered the top Philippine e-wallet's financial inclusion...

abrdn Islamic World Equity Fund marks its 10-year anniversary

Shariah-compliant fund offers diversity, sustained growth and stability to face dynamic market conditionsKUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023 -...

Okta Appoints Clarence Cheah as Head of Growth Strategies, APJ

SINGAPORE - Media OutReach - 9 March 2023 - Okta, the leading independent identity provider, today announced that it has appointed...

With the launch of a low transaction threshold virtual asset dealing service starting from March 2023, Victory Securities is making virtual asset investment easier...

HONG KONG SAR - Media OutReach - 9 March 2023 - Victory Securities (Stock Code: 8540.HK) recently announced the launch of virtual asset...