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...

Traveloka Co-Founder Commits to Accelerating Digital Transformation in Vietnam’s Tourism Sector during Meeting with President Nguyen Xuan Phuc

SINGAPORE - Media OutReach - 29 December 2022 - During his state visit to Indonesia which marks the 10th anniversary of establishing a...

ONYX Hospitality Group Expands Its Footprint with the Opening of Y Hotel in Hong Kong

One-month free stay to be given out as part of the celebratory activitiesHONG KONG SAR - Media OutReach - 29 December 2022 -...

AYASA Globo won the HFM 2022 Asian Services Awards for the third consecutive year

HONG KONG SAR - Media OutReach - 29 December 2022 - One of the leading one-stop financial services providers, AYASA Globo is honored...

Top Laotian Times News Stories of 2022

The Laotian Times revisits the top news stories of the year 2022. With the country opening up after over two years following the Covid-19 pandemic,...

BCEL One Now Allows Overseas Funds Transfers

BCEL One has recently implemented a new "SWIFT Transfer" function that allows users to transfer and receive money from all around the world using...

Yeebo Announces the Successful Listing of Suzhou QingYue on The Shanghai Stock Exchange STAR Market

HONG KONG SAR - Media OutReach - 28 December 2022 - Yeebo (International Holdings) Limited ("Yeebo" or the "Company", stock code: 259,...