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...

OPPO to Unveil New Core Technologies and Innovations at MWC 2023

SHENZHEN, CHINA - Media OutReach - 21 February 2023 - OPPO today announced its participation in Mobile World Congress (MWC) 2023, in Barcelona...

Generali Hong Kong garners “Award for Excellence in Wealth Accumulation Products” at Ming Pao Awards for Excellence in Finance 2023

HONG KONG SAR - Media OutReach - 21 February 2023 - Generali Hong Kong has garnered the "Award for Excellence in Wealth Accumulation...

Kenanga Investors Sweeps Five Awards At 2023 Best of the Best Awards by Asia Asset Management

Wins Malaysia Best Impact Investing Manager, Malaysia Best Equity Manager, Malaysia CEO of the Year, Malaysia Best House for Alternatives & Malaysia Most Improved...

GEODIS partners with Volvo Australia to pilot electric trucks for freight forwarding

The pilot program seeks to establish more sustainable road networks for freight forwarding in AustraliaSYDNEY, AUSTRALIA - Media OutReach - 21 February 2023...

Kerry Logistics Network Receives “Transport and Logistics – Silver Award” At the Hong Kong Awards for Environmental Excellence 2021

HONG KONG SAR - Media Outreach - 21 February 2023 - Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) is...

Ice Association Announces Price Rise in Vientiane Capital

As rampant inflation continues to increase the cost of living in Laos, the Vientiane Ice Association has announced an increase in the price of...