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...

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

HONG KONG SAR - Media OutReach - 4 January 2023 - A research study led by scientists from the School of Chinese Medicine...

16,384 LEDs to revolutionize automotive lighting: Nichia and Infineon launch industry’s first high-definition micro-LED matrix solution

MUNICH, GERMANY and TOKUSHIMA, JAPAN - Media OutReach - 4 January 2023 - Automotive LED lighting technology has developed rapidly in recent years...

Hong Hong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

HONG KONG SAR - Media OutReach - 4 January 2023 - A research study led by scientists from the School of Chinese Medicine...

Local retail giant Pet Lovers Centre establishes joint venture with pet crematorium Mandai Pets Sanctuary

The smokeless and odourless cremation facility expands PLC’s suite of offerings for the pet community, and ensures the preservation of the old Nee Soon...

Victorio Villar joins MSIG Asia as Head of Technical Services overseeing Underwriting, Reinsurance and Claims

SINGAPORE - Media OutReach - 3 January 2023 - MSIG Asia today announces the appointment of Victorio Villar as Senior Vice President and...

Green Independent Power Producer NEFIN Supports Tech Giant NI’s 2030 Corporate Impact Strategy to Go Green

NEFIN and multinational tech firm NI to collaborate on an industrial rooftop solar panel system, for NI’s Bayan Lepas Malaysia site to offset 53,000...