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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...
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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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Metalloinvest increases capacity of HBI-3 plant at Lebedinsky GOK

MOSCOW, RUSSIA - Media OutReach - 13 January 2023 - Metalloinvest has modernised the direct reduction plant at Lebedinsky GOK's hot briquetted iron...

Malaysian Shores Await You With Comprehensive Premium Wellness Packages

Malaysia Healthcare offers a first-of-its-kind Premium Wellness Programme that integrates comprehensive health screening with luxurious accommodations and sight-seeing opportunities in a convenient package.KUALA LUMPUR,...

Yanchang Petroleum International Introduces Shaanxi SASAC’s Subsidiary ChangAn HuiTong as Strategic Shareholder

HONG KONG SAR - Media OutReach - 13 January 2023 - Yanchang Petroleum International Limited ("Yanchang Petroleum International" or...

Border reopening and easing travel restrictions bring a real sense of optimism to Hong Kong banking sector, finds KPMG China

The need to reduce cost amid a cooler economic outlook poses challenges for banks in 2023 HONG KONG SAR - Media OutReach -...

2023 market predictions: OctaFX asked leading financial experts to give their forecasts for the upcoming year

2022 was a turbulent year for international financial markets. What to expect from 2023? OctaFX asked its financial experts to share a forecast for...

Beerlao Increases Prices for First Time This Year

Lao Brewery Company has issued a notice stating the need to adjust production costs for the first time in 2023. In a notice to consumers,...
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