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...

Pro Bono PAP Tests – Osler Health International is Helping Domestic Workers Fight Cervical Cancer

SINGAPORE - Media OutReach - 9 January 2023 - Osler Health International is delighted to announce the ongoing support of...

VinAI launches groundbreaking driving technology at CES 2023

HANOI, VIETNAM - Media OutReach - 7 January 2023 - VinAI announces the world-first Auto Mirror Adjustment (AMA)...

Mohammed bin Rashid launches Dubai Economic Agenda ‘D33’ with total economic targets of AED 32 trillion over the next 10 years

Agenda aims to double the size of Dubai's economy and consolidate its position among the top 3 global cities ...

Bank of the Lao PDR to Issue Bonds Worth LAK 1 Trillion

The Bank of the Lao PDR has announced that LAK 1 trillion in special bonds* will be available for people in Laos to purchase...

OMNI Expands to over 500 restaurant outlets this Veganuary with Award-winning Plant-based Pork and Seafood

From Land to Sea: OMNI to reach new outlets across the UKLONDON, UNITED KINGDOM - Media OutReach - 6 January 2023 - OmniFoods,...