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...

Yanchang Petroleum International Gains Approval for the New Supply Agreement with Its Parent Company

Bolstering the development of oil product business in the post-pandemic eraHONG KONG SAR - Media OutReach - 30 December 2022 - Yanchang...

Southern Asset Management Asia-Pacific Low Carbon ETF launches today

SHENZHEN, CHINA - Media OutReach - 30 December 2022 - In recent years, the opening-up of China's capital market has been accelerating, and...

Pathomics Health and MAHSA Health sign MOU to launch Joint Centre for Research and Diagnostics for Precision Wellness and Clinical Research

KUALA LUMPUR, MALAYSIA - Media OutReach - 30 December 2022 - Pathomics Health, an organisation with a mission to provide accessible advanced clinical...

Spackman Media Group Artist Wi Ha-Jun Wins Rising Star Award In 2023 Korea First Brand Awards

Spackman Media Group artist Wi Ha-jun awarded the Rising Star Award in the 2023 Korea First...

Prince Holding Group Supports NTU PEAK ASEAN

Survey indicates 100% of NTU participants considering Cambodia as a work destination post-graduationPHNOM PENH, CAMBODIA - Media OutReach - 29 December 2022 -...

FOMO Pay becomes SWIFT member and obtains dedicated BIC

SINGAPORE - Media OutReach - 29 December 2022 - FOMO Pay, the Singapore-headquartered major payment institution, announces that it has become an official...