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...

Solitaire Official Unveils Singapore’s First Of Its Kind Rubber Watch Straps For Rolex 40MM Sports Model

SINGAPORE - Media OutReach - 16 January 2023 - A new sweat-proof, lightweight and classy line of watch straps is now...

5X Capital acquires stake in Colony Coworking Space to capitalise on booming flexible workspace market

KUALA LUMPUR, MALAYSIA - Media OutReach - 16 January 2023 - 5X Capital, a private equity fund with a diverse portfolio of companies...

Asendia Deepens Commitment to Asia-Pacific with Strategic CEO And Managing Director Hires

Senthil Kumar joins as CEO of Asendia Singapore/South Asia and Stuart Foster joins as Managing Director of Asian Desk, APAC in January 2023SINGAPORE -...

Carro issues epic 160-character #CarroProsperityRap challenge for Lunar New Year with big prizes worth over S$6,000

SINGAPORE - Media OutReach - 16 January 2023 - Southeast Asia's largest used car marketplace, Carro, is spreading the festive cheer and challenging...

Floristique Singapore Gets ‘Greener’, as The First Florist To Transition to Electric Vehicles

SINGAPORE - Media OutReach - 16 January 2023 - Floristique Singapore starts 2023 as a trailblazer, being the first Florist to transition...

Cornerstone Technologies’s First EHSS Project Completed Hong Kong’s Biggest Electric Vehicle Charging Infrastructure Project Involving 302 Parking Spaces

HONG KONG SAR - Media OutReach - 13 January 2023 - Cornerstone Technologies Holdings Limited (“the Group” or “Cornerstone Technologies”; Hong Kong stock...