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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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Jombingo, A Leading social e-commerce company in Southeast Asia, is about to start its global expansion plan

JAKARTA, INDONESIA - Media OutReach - 7 February 2023 - After several years' development, Jombingo is about to start its expansion plan, developing...

Laos-Vietnam Trade Shoots Up by 24 Percent in 2022

The two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two...

2023 Taiwan Lantern Festival in Taipei

Invites Korean Friends!TAIPEI, TAIWAN - Media OutReach - 7 February 2023 - The "2023 Taiwan Lantern Festival" is the first major large-scale international...

Schneider Electric achieves its highest-ever score in 2023 Bloomberg Gender-Equality Index

Above-average overall score for ongoing efforts on workplace diversity, equity, inclusion, and care ...

Counto Earns ASR+ Tier 3 Status, Redefining Accounting & Tax Services with AI Software

SINGAPORE - Media OutReach - 7 February 2023 - Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’...

Laos Sees an Increase in Electric Vehicle Imports Across the Country

The country reported an increase in the importation of electric vehicles last year, following multiple hikes in fuel prices. Mr. Thongphat Inthavong, Deputy Minister...
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