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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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Backbase Engagement Banking Platform named Luminary in Celent Retail and SME Banking Awards

Backbase recognized for excellence in Celent international digital banking awardsSINGAPORE - Media OutReach - 1 February 2023 - Backbase, the Engagement Banking platform...

Growing Fraud Incidents in Asia Driving FIs to Prioritise Technology Risk Management Strategy and Capabilities, New Survey Shows

SINGAPORE - Media OutReach - 1 February 2023 - GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity...

Kakao Mobility Brings Mobile App Taxi Services to Laos

Korean internet company Kakao Mobility signed a contract with LVMC Holdings Company in Vietnam on Tuesday to provide online taxi-hailing and parking services in...

7-Eleven’s own brand 7CAFÉ collaborates with GODIVA for the first time and launches 3 new chocolate “Limited Edition Sweet Surprise” drinks

HONG KONG SAR - Media OutReach - 1 February 2023 - Get ready to fall in love this...

Southco Adds New Padlocking Handle Option to Market-Leading Cam Latch Series

HONG KONG SAR - Media OutReach - 1 February 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

Hugill & Ip Launches the Double Your Impact Campaign in Support of AFCR

HONG KONG SAR - Media OutReach - 1 February 2023 - World Cancer Day - held every 4 February - is the global...
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