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...

The Sandbox rolls out Lunar New Year Event to celebrate growing creativity in the metaverse across Greater China in 2023

HONG KONG SAR AND TAIWAN - Media OutReach - 16 January 2023 - The Sandbox, a leading decentralized gaming virtual world and...

FWD Hong Kong collaborates with LoveXpress to organise #LiveBoundless scented candle workshop for families with autism

The workshop for autistic children and their parents is part of FWD’s social inclusion initiative and provides participants with a space to enjoy quality...

PMGC: The rise of the international division will set up a larger stage for the PUBG Mobile E-sports events

SHENZHEN, CHINA - Media OutReach - 16 January 2023 - On the evening of January 8, in Jakarta, the capital of Indonesia, the...

Nanyang Polytechnic develops world’s first unagi cell lines and plant-based growth serum

Consumers can expect to enjoy lab-grown unagi and other fishes as early as 2024 SINGAPORE - Media OutReach - 16 January 2023 -...

“Send more, Earn more” – DBS launching eLaisee function to spread Chinese New Year blessings

HONG KONG SAR - Media OutReach - 16 January 2023 - With Chinese New Year just around the corner, DBS Bank (Hong Kong)...

Lao Airlines to Operate Extra Flight to Pakse Every Sunday

Starting 15 January, Lao Airlines has added an extra flight on the Vientiane-Pakse route that will operate every Sunday morning. Owing to the peak tourist...