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...

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...

Skipton International Launches Limited Company Buy-To-Let Lending

Begins 2023 by cutting interest rates on some products and offers base rate trackersGUERNSEY - Media OutReach - 31 January 2023 - ...

Over 3 million tonnes of ore extracted from Udokan copper deposit

MOSCOW, RUSSIA - Media OutReach - 31 January 2023 - More than 3 million tonnes of copper ore have already been mined from...

Oasys to be Listed on Leading Japanese Crypto Exchange, bitbank

Builds on its successful listings on OKX, Kucoin, Bybit, Gate, and HuobiSINGAPORE - Media OutReach - 31 January 2023 - Oasys, a...

VACUUMSCHMELZE (VAC) Announces Binding Supply Agreement with General Motors (GM) to Support EV Growth

HANAU, GERMANY - Newsaktuell - 30 January 2023 - VAC announced a binding long-term supply agreement with GM for North America permanent magnet production...

Dear Reality releases EXOVERB, unlocking a new dimension of spatial perception in stereo productions

DÜSSELDORF, GERMANY - Media OutReach - 30 January 2023 - Dear Reality launches EXOVERB, a totally new reverb plugin that adds an...