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...

P2E Mobile Game ‘Lord of Dragons’ Begins ‘Open Beta Test’

SEOUL, SOUTH KOREA - Media OutReach - 22 December 2022 - Korean Game Company, Sotem Mobile (CEO: Kim Min Seok) has announced...

The First-Ever Tasting of 12 Varieties of Japanese Sake, Including IWC Medal-Winners: London’s Japan Centres to Host the Niigata Fair, a Collection of Food...

NIIGATA PREFECTURE, JAPAN - Media OutReach - 22 December 2022 - The Niigata Industrial Creation Organization (NICO) is an organisation devoted to bringing...

NEFIN Group aids enterprises in China to achieve carbon neutrality

Successfully accomplished building of 11.4MW renewable energy assets recentlySHENZHEN, CHINA - Media OutReach - 22 December 2022 - NEFIN, a premium green independent...

7-Eleven x Haidilao – Making Chinese New Year at home a breeze with hotpot goodness

Global hotpot chain Haidilao has joined hands with 7-Eleven during CNY to bring the yummy hotpot goodness to your homes with over 30% savingsSINGAPORE...

Herbalife Nutrition Virtual Run 2022 Records 15,000 Participants Clocking More Than 1 Million Kilometers, Equivalent to Running Around the World 26 times

HONG KONG SAR - Media OutReach - 22 December 2022 - Premier global nutrition company, Herbalife Nutrition, today announced the results of its...

Gunung Raja Paksi (GRP) approaches record-year with US$723m revenue and US$49m profit in Q3 2022

Following its recent rollout of numerous sustainability initiatives, the company heads into the year-end with record earnings JAKARTA, INDONESIA - Media OutReach -...