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...

Sincere Department Store was awarded as “The Most Popular Department Store” by TVB Weekly

HONG KONG SAR - Media OutReach - 17 January 2023 - Sincere Department Store ("Sincere", stock code: 0244), the subsidiary of Realord Group...

Michelle Yeoh, Lily James, and Jessie Buckley Shine in De Beers Jewellers at the 2023 Critics’ Choice Awards

LOS ANGELES, US - Media OutReach - 17 January 2023 - De Beers Jewellers natural and responsibly sourced diamonds dazzled on nominees and...

Laos Gears Up to Welcome Chinese Tourists

The Ministry of Information, Culture, and Tourism hosted a forum on Monday to discuss preparations underway for the arrival of Chinese tourists. The meeting, a...

Top UK University offering international students a golden chance to be part of world-changing scientific research

NORWICH, UK - Media OutReach - 17 January 2023 - The University of East Anglia (UEA) - a United Kingdom Top 30...

Kantar’s CNY research reveals consumer recovery after relaxing social distancing measures

As the COVID-19 restrictions are lifting, the strong festive atmosphere encourages travel and consumption. New Year gifts are no longer limited to...

E-PowerSpot Shakes Up Hong Kong’s Power Bank Sharing Market with Innovative Partnership Program

HONG KONG SAR - Media OutReach - 16 January 2023 - E-PowerSpot, a promising enterprise in the shared power bank industry, is rapidly...