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...

The Secret To A Stress-free Date Night This Valentine’s Day

Can’t enjoy a night out without worrying about leaving your home unattended? With Arlo, now you can! SINGAPORE - ...

Advancing to the Next Phase: PandaiSuite Commences Phase II Development

SINGAPORE - Media OutReach - 9 February 2023 - PandaiSuite, an online course management platform based in Singapore, is bridging the gap between...

Laos, South Korea Sign Agreement on Financing Lao Workers Overseas

Laos’ Ministry of Labour and Social Welfare and BNK Capital Lao Non-Deposit Taking Microfinance Institution Co., Ltd. (BNK MFI) of the Republic of Korea...

The latest CSR trend in fintech: how technological companies help build a more sustainable future

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 February 2023 - Winston Churchill famously said: ‘We make a living by what we get,...

Aon Names Stephen Rudman as Head of Marine for Asia

SINGAPORE - Media OutReach - 9 February 2023 - Aon plc (NYSE: AON), a leading global professional services firm, has named Stephen...

Landor & Fitch Appoints Meta Exec Teemu Suviala as Chief Creative Officer

HONG KONG SAR - Media OutReach - 9 February 2023 - Landor & Fitch, the world's largest specialist brand and design consultancy, has...