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...

Prudence Foundation launches the 3rd SAFE STEPS D-Tech Awards

Awards encourage and support the development of technology that can save lives from natural disastersHONG KONG SAR - Media OutReach - 7 February...

Clash of Clans Introduced New Tricks during the Spring Festival, the “Lunar Queen”Poppep Up on the Streets of Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach - 7 February 2023 - Spring Festival is one of the most important traditional holidays in the...

Bybit to help Judge F1 Champions Oracle Red Bull Racing Design Competition: ‘Make Your Mark’

DUBAI, United Arab Emirates - Media OutReach - 6 February 2023 - Bybit CEO Ben Zhou will join a panel of judges for...

Award Presentation of 2022 Most Innovative Solutions Award

Go beyond innovation and create new opportunities for business future HONG KONG SAR - Media OutReach - 6 February 2023 - 2022...

Bank of the Lao PDR Suspends Loans for Cryptocurrency Businesses

The central bank of Laos has issued a notice suspending loans to cryptocurrency business  from January this year. The notice issued by the Bank of the...

MDIS Roadshow is back in 2023

SINGAPORE - Media OutReach - 6 February 2023 - From 10 to 12 of February 2023, the MDIS Roadshow returns for its...