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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...
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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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Türkiye earthquake: World Vision provides fuel and heaters in Northwest Syria

HONG KONG SAR - Media OutReach - 16 February 2023 - As the death toll from the Turkish and Syrian earthquake keeps rising,...

German President Steinmeier visits Infineon site in Kulim, Malaysia; New exhaust air purification system will significantly improve Infineon’s positive climate footprint

MUNICH, GERMANY & KULIM, MALAYSIA - Media OutReach - 16 February 2023 - German President Frank-Walter Steinmeier visited Infineon Technologies AG (FSE:...

Bartra Wealth Advisors responds to the closure of the Ireland Immigrant Investor Programme (IIP)

Bartra Wealth Advisors, the leading IIP fundraiser in Asia, recorded almost 230 IIP applications and repaid nearly €100 million to IIP investors in 2022...

KPMG China expects border reopening provides opportunity to turn around the Government’s deficit

KPMG China recommends measures to enhance Hong Kong's competitiveness by attracting talent and foreign investmentHONG KONG SAR - Media OutReach - 16 February...

Club Travel announces partnership with Agoda. Upgraded platform to offer flight and accommodation options at over a thousand popular destinations

Launching travel offers and discounts on all-round travel essentials HONG KONG SAR - Media OutReach - 16...

Singapore achieves its highest fintech funding in three years, even as global fintech investment takes a hit due to economic conditions, lower valuations and...

Singapore fintech investments bucked global trend, up 22 percent to US$4.1 billion in 2022, from US$3.4...
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