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...

Delta Global Bets on Hong Kong to Grow Regional Business on the Back of E-Commerce Boom

The trusted leader in luxury and sustainable luxury packaging solutions doubles down on Hong Kong as its Asia-Pacific hub and plans regional expansion after...

Philippine fintech leader GCash joins plenary at Mobile World Congress

MANILA, PHILIPPINES - Media OutReach - 23 February 2023 - The Philippines #1 Fintech App GCash, operated by the Globe Group's...

Hong Kong Design Centre Welcomes the Additional Resources to Foster the Development of Hong Kong into an East-meets-West Centre for International Cultural Exchange in...

HONG KONG SAR - Media OutReach - 23 February 2023 - Hong Kong Design Centre (HKDC) strongly supports the 2023-24 Budget Address delivered...

Gaw Capital Partners and A3 Capital Jointly Form a JV Platform with the Launch of the first Infinaxis Data Centre in Malaysia

Malaysian Investment Development Authority (MIDA) and Malaysia Digital Economy Corporation (MDEC) Welcome the JV Partnership to Enhance Digital Infrastructure in MalaysiaSINGAPORE/KUALA LUMPUR, MALAYSIA -...

A.M Aesthetics: One of The Largest SGX-Listed Aesthetic Company Generated Revenue of S$6.6 million in HY2023, a 24.5% Increase Compared to HY2022

SINGAPORE - Media OutReach - 23 February 2023 - A.M Aesthetics is a one-stop aesthetic clinic and one...

Thai Energy Firm Makes Highest Profits Due to Hydropower Projects in Laos

The power generation arm of Ch Karnchang Plc, Thailand's second-largest construction company, CK Power Plc (CKP), witnessed a profit growth of 11.8% to a...