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...

Citi Signs Multi-year Renewable Energy Purchase Agreement with CLP Power

First bank in Hong Kong to power entire operations using renewable energy locally-sourced from CLP PowerHONG KONG SAR - Media OutReach - 1...

IES inks USD692 Million loan agreement for the iconic 600MW “Monsoon Wind Power Project” as the first wind project in Lao PDR, the largest...

BANGKOK, THAILAND - Media OutReach - 1 March 2023 - On 24 February 2023, Impact Electrons Siam Limited (IES), Asia Pacific's leading renewable...

Gaw Capital Partners Recognized as ‘Firm of the Year: Japan’ at the PERE Global Awards 2022

HONG KONG SAR - Media OutReach - 1 March 2023 - Real estate private equity firm Gaw Capital Partners is pleased...

Ministry of Health Issues New Rules to Keep Medicine Prices Stable

The Ministry of Health has issued a new regulation to be put into action 45 days after being posted on the Lao Official Gazelle...

2023 SonicWall Cyber Threat Report Casts New Light on Shifting Front Lines, Threat Actor Behavior

Overall malware up 2%, with surges in IoT malware (+87%) and cryptojacking (+43%) ...

BenQ’s GW90 Series Eye-care Monitors Revitalize At-Home Workspaces with Ergonomic Style for Programmers and Hybrid Workers

USB-C QHD Displays Support Multitasking Productivity, Flexible Ergonomics, and Health-Conscious LifestylesSINGAPORE - Media OutReach - 1 March 2023 - BenQ, the global leading...