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...

One of Vietnam’s Bamboo Airways Largest Shareholders to be Delisted

The delisting of FLC Group will go into effect on Monday from Vietnam's main stock market for violating disclosure requirements. Bamboo Airways is Vietnam's third-largest airline...

DHL Express launches GoGreen Plus: First global express courier to give customers the opportunity to use Sustainable Aviation Fuel to reduce emissions

GoGreen Plus is part of Deutsche Post DHL Group's sustainability goal of achieving net-zero emissions by 2050 SINGAPORE - Media OutReach -...

Castillo Copper delighted with high-grade magnetic rare earths at BHA Project

Melbourne, Victoria - News Direct - 17 February 2023 - Castillo Copper Ltd (ASX:CCZ, LSE:CCZ) MD Dennis Jenson tells Proactive the company has significantly...

Kin Mining raises $7.1 million with Phase 6 drilling at Cardinia set to continue

Melbourne, Victoria - News Direct - 17 February 2023 - Kin Mining NL (ASX:KIN) MD Andrew Munckton tells Proactive the company has raised $7.13...

Sunstone Metals hits gold and copper on edge of massive T2 target at El Palmar

Melbourne, Victoria - News Direct - 17 February 2023 - Sunstone Metals Ltd (ASX:STM) MD Malcolm Norris tells Proactive the company has received "extremely...

Anson Resources welcomes substantial lithium exploration target at Green River

Melbourne, Victoria - News Direct - 17 February 2023 - Anson Resources Ltd (ASX:ASN) CEO Bruce Richardson tells Proactive the company has established a...