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...

SAP Announces New Regional Strategic Services Partner Initiative

SINGAPORE - Media OutReach - 1 February 2023 - SAP Asia Pacific Japan (APJ) today announced a Regional Strategic...

RETRANSMISSION: First Hydrogen Reveals Next Generation Zero Emission LCV

Vancouver, British Columbia - Newsfile Corp. - 30 January 2023 - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN"...

Schneider Electric in Global 100 Most Sustainable Corporations for 12th year in a row

· Corporate Knights ranks Schneider Electric #1 in its peer group and 7th worldwide in 2023 · Recognition comes on the heels of...

Laos Approves Regulated Production of Cannabis for Medical Use

The Ministry of Health has issued a Decision approving the production and distribution of hemp, or cannabis sativa L, for medicinal use in Laos....

7-Eleven launches limited-edition collectible Sanrio characters “Love² Double Wall Glass Mugs”

With Valentine’s Day just around the corner, these exquisite yet durable double wall glass mugs adorned with romantic pastel designs will truly make you...

WRISE Group Holdings launches WRISE Wealth Management in Hong Kong to power next-generation UHNWIs and family offices

HONG KONG SAR - Media OutReach - 31 January 2023 - WRISE Group is pleased to announce the launch of "WRISE Wealth Management...