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...

VinFuture foundation officially calls for nominations for the 2023 season

HANOI, VIETNAM - Media OutReach - 9 January 2023 - The VinFuture Prize officially kicks off its 2023 season with...

Laos Sees 3 Percent Growth in Agriculture Sector in 2022

Laos recorded a 3 percent growth in the agriculture, fisheries, forestry, and rural development sector in 2022, in line with the Ministry of Agriculture...

Shopee: 63% of Malaysian Sellers Positive about E-Commerce

Shopee’s New Consumer Trends Report Reveals Consumer Trends Driving Seller Resilience and RelevanceKUALA LUMPUR, MALAYSIA - Media OutReach - 9 January 2023 -...

Ko Yo Group has built a new energy industry base with over 10 billion tons of phosphate ore

HONG KONG SAR - Media OutReach - 9 January 2023 - Recently, the Longmenshan phosphate ore mineral processing technology research project in the...

csl. 5G Lens and M+ present first AR display of Yayoi Kusama’s pumpkin sculpture in Hong Kong to share love

“csl. 5G Lens x M+ Capture the AR Pumpkin” lucky draw to give away 100 pieces of merchandise of M+’s Special Exhibition on Yayoi...

Impro (1286.HK) Issues Positive Profit Alert

2022 Net Profit Attributable to Shareholders of the Company Expected to be between HK$550 Million and HK$600 Million, Significant Year-on-Year Growth of between 43.6%...