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...

NEFIN and City Development join hands to build the green power capability in Taiwan

TAIPEI, TAIWAN - Media OutReach - 9 January 2023 - NEFIN Capital Taiwan Company Limited ("NEFIN Capital"), a subsidiary of NEFIN, renewable energy...

Lao Food Festival to Take Place This Month

The latest edition of the Lao Food Festival will be held between 24-28 January 2023 at Chao Anouvong park in Vientiane's Chanthabouly district. The festival...

Generali Hong Kong wins whole-life critical illness, term critical illness and savings insurance awards at “10Life 5-Star Insurance Award 2022”

HONG KONG SAR - Media OutReach - 9 January 2023 - Generali Hong Kong has recently won the "5-Star Savings Insurance Award", "5-Star...

DHL Express Expands Footprint in Laos with New Vientiane Service Point

Located in Saysettha District in the capital city Vientiane, the new service point aims to boost convenience for customers in shipment delivery and...

Walmart Plans Business Expansion in Cambodia

A Walmart official, Ms. Anbinh Phan was in an online conference with a Cambodian Ministry of Commerce representative, Mr. Pan Sorasak to discuss the...

Gems Origin Partners with Accredify to Pioneer New Industry Benchmark in Bespoke Fine Jewellery Using Blockchain Technology

Gem collectors will receive certificates of authenticity that are stored on blockchain ledgers to safeguard its integrity and data Gems Origin pioneers the...