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...

Chinese Ink Art Reinvigorated Through Experimentation By Artist Liu Kuo-Sung

National Gallery Singapore stages Singapore’s largest retrospective on the artist in a public museum, spotlighting key periods of his groundbreaking artistic practice ...

Greater Bay Area Residential and CRE Investments to Takeoff Amid Border Reopening

New economy assets such as prime industrial parks, logistics facilities and medical centres remain attractive The overall...

The Straits Trading Company lists tokenised corporate bond backed by real estate on SDAX

The Digital Note, backed by a deed of undertaking by Straits Developments, allows for investors to gain up to 10% additional interest at redemption...

KL Wellness City Poised to Invigorate the Medical Tourism Industry in Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach - 10 January 2023 - Following the opening of borders in April last year, the Medical Tourism...

foodpanda celebrates Pau-Pau’s first birthday, encouraging people to ‘live like a panda’

SINGAPORE - Media OutReach - 11 January 2023 - This month, foodpanda’s brand ambassador, Pau-Pau, turns one! To commemorate...

New Survey shows Businesses that Do Not Automate Risk Falling Behind the Curve

Industry report by SGTech and Workato reveals that 80 percent of Singapore companies deploy automation to solve productivity and manpower issues. Widening competitive gap...