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...

beIN SPORTS To Exclusively Broadcast Formula One In 10 Territories In Asia

beIN SPORTS will become home to world-class motorsport broadcasting the Formula One World Championship to Hong Kong, Singapore, Malaysia, Brunei, Indonesia, Timor-Leste, Philippines, Thailand,...

Trading, Simplified: Bybit Launches Unified Trading Account, Transforming the Trading Experience for Investors

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 January 2023 - Bybit, the third most visited cryptocurrency exchange in the world, is...

Amazon Web Services powers Bondee to take the Asia social media scene by storm

SINGAPORE - Media OutReach - 26 January 2023 - Bondee, a social media app, officially launched on the App Store. Within a few...

Singapore firms can now tap on Temus-IMDA’s talent conversion programme to fill tech roles

Singapore’s Minister for Communications and Information Mrs Josephine Teo officiated the launch of Temus’ Step IT...

Prudential plc to open branch in Macau to provide life and health insurance solutions

MACAU and HONG KONG SAR - Media OutReach - 26 January 2023 - Prudential plc (Prudential) today announced it has received approval from...

IMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 million

42% increase over same period last year Record Day 3 and Day 4 Chinese New Year Box OfficeSHANGHAI, CHINA - Media OutReach -...