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...

Sennheiser Announces TeamConnect Ceiling Medium for Mid-Sized Spaces

Newest addition to the TeamConnect Ceiling Solutions portfolio unveiled at ISE 2023 BARCELONA, SPAIN - Media OutReach - 16 February 2023 -...

AI Weather Forecast Startup Sets Sights On Asia-Pacific Region

Atmo, an AI weather forecast system, has set its sights on the Asia-Pacific region to help improve the lives of citizens, said CEO Alexander...

Users Turn to Diverse Pool of Apps as Post-Pandemic Work Styles Emerge, Okta Study Finds

Security software and cloud platforms clock fast growth in Asia-Pacific as hybrid work becomes mainstream SINGAPORE - Media OutReach - 16 February 2023...

Back to Blue calls for urgent action to tackle ocean acidification

TOKYO, JAPAN - Media OutReach - 16 February 2023 - Back to Blue, an initiative of Economist Impact and The Nippon Foundation,...

SoftBank Corp. Participates in Blockchain Project Oasys for Social Implementation of Web3

A Japanese mobile operator, SoftBank, has partnered with global gaming blockchain, Oasys, to explore the broad integration of Web3 technologies into societySINGAPORE / TOKYO,...

IGIS Asia Investment Management Partners with CHA Bio Group to Launch Life Science Real Estate Platform JV

SEOUL, KOREA - Media OutReach - 16 February 2023 - IGIS Asia Investment Management ("IGIS"), the pan-Asian investment arm of IGIS Asset Management,...