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...

All-new 7CAFÉ+HOTSHOT collaboration concept launches at new 7-Eleven store in Tai Po bringing customers more flavours, more surprises and more mix & match choices

HONG KONG SAR - Media OutReach - 12 January 2023 - 7CAFÉ+ and HOTSHOT, two of 7-Eleven's popular own brands, are joining...

Laos Sees a Trade Deficit of USD 23 Million in December

According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the...

Alderan Resources chasing copper and gold in Utah’s best mining districts

Melbourne, Victoria - News Direct - 12 January 2023 - ...

Calastone accelerates Asia presence with opening of new Taiwan office

The new office bolsters Calastone presence in Asia and provides additional local support for the funds industry in TaiwanTAIPEI, TAIWAN - ...

EcoCeres announces significant equity investment from Bain Capital

HONG KONG SAR and BOSTON - Media OutReach - 12 January 2023 - EcoCeres, Inc. ("EcoCeres" or the "Company"), an innovative biorefinery company...

Sunlight Real Estate Investment Trust to acquire West 9 Zone Kids for HK$748 million

HONG KONG SAR - Media OutReach - 11 January 2023 - Henderson Sunlight Asset Management Limited (the “Manager”), as manager of Sunlight Real...