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...

Laos-Cambodia to Enhance Tourism Between Two Nations

Officials from Laos and Cambodia met last week to sign a Memorandum of Understanding, aimed to increase tourism between the two countries. A meeting between...

NaRaYa Partners with PChome to Expand into the Taiwanese Online Market

BANGKOK, THAILAND - News Direct - 07 March 2023 - ‘NaRaYa,’ a leading lifestyle brand that manufactures and retails handbags and accessories to customers...

Twig Learning Center Launches A New Innovative Chemistry Learning App

SINGAPORE - Media OutReach - 7 March 2023 - With an aim to provide engaging learning methods to...

Vingroup Chairman Establishes Electric Vehicle Rental and Taxi Service Company

HANOI, VIETNAM - Media OutReach - 6 March 2023 - Vingroup Chairman Pham Nhat Vuong announced the establishment of...

JPEX Plans to Apply for Crypto Trading License with the Hong Kong Authorities

NEW SOUTH WALES, AUSTRALIA - Media OutReach - 6 March 2023 - The licensing system for virtual asset service providers in Hong Kong...

Welcome to the Future: Bybit Partners with Mastercard to Offer Crypto Payments Debit Card

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 6 March 2023 - Bybit, the world's third most visited crypto exchange, is proud to...