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...

Asendia Expands Its Reach in North Asia with the Appointment of Joshua Mclarin as CEO of Asendia Hong Kong/ North Asia Today

HONG KONG SAR - Media OutReach - 6 February 2023 - Asendia, one of the world's leading e-commerce logistics providers, today announced...

Avery Dennison partners with Enterprise Singapore for AD Stretch startup accelerator program

The local startup ecosystem will benefit from both corporate and government funding for innovators working to create new and sustainable solutions for the packaging...

Laos, Cambodia, Vietnam & Myanmar Economies to Get Stronger in 2023

The Siam Commercial Bank's Economic Intelligence Center has predicted that these countries will see a momentum in economic growth this year, but it will be...

Fabrica X Announces New Store Concept which Celebrates Innovation in Biomaterials in Textile and Lifestyle Products

Giving waste a new lease of life – six-month showcase hosted in partnership with Fidelity International, Biofabricate, and Lenzing GroupHONG KONG SAR - ...

Investment outlook 2023 made by OctaFX

The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: rising interest rates, an...

Hong Kong Jumps to Fourth-Placed Ranking in Global Data Center Market Comparison

Hong Kong moves up to fourth overall in global rankings from sixth in 2022 report ...