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...

Sin Kang TCM Singapore Expands Its Outlets Islandwide

Trusted by many with a wealth of experience accumulated over its two decades of operations, Sin Kang TCM Clinic plans to expand to 8...

From excessive pessimism to excessive optimism – Coface Barometer Q4 2022

Hong Kong S.A.R - Media OutReach - 14 February 2023 - The year 2023 starts with good news...

SIBUR secures international verification of certified emission reductions (CERs) earned by its climate project at ZapSibNeftekhim

SIBUR has secured international verification of a climate project completed at ZapSibNeftekhim, Russia’s largest petrochemical facility.MOSCOW, RUSSIA - Media OutReach - 14 February...

GAIA DEADLINE NOTICE: ROSEN, A LEADING LAW FIRM, Encourages Gaia, Inc. Investors to Secure Counsel Before Important February 21 Deadline in First Filed Securities...

New York, New York - Newsfile Corp. - February 13, 2023 - WHY: Rosen Law Firm, a global investor rights law firm,...

How to Avoid Being Overcharged at Petrol Stations in Laos

Self-service at the petrol station is not a common practice in Southeast Asia, and in Laos, most petrol stations still employ fuel pump attendants...