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...

Malaysia Global Business Forum: Political Stability To Usher In New Era For Business

KUALA LUMPUR, MALAYSIA - Media OutReach - 21 December 2022 - The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah,...

Global C-pop Artist Tia Lee (Lee Yu Fen) Selects Teen’s Key as the First #EmpowerHer Beneficiary Organization Following Resounding Success of “Goodbye Princess”...

#EmpowerHerDance goes Global with Top TikTokers from Australia, New Zealand, Middle-East and the UK leading the ChargeHONG KONG SAR - Media OutReach -...

Steward Leadership 25 Unveiled at Steward Leadership Summit

25 initiatives from organisations within the Asia-Pacific region selected for steward leadership excellenceSINGAPORE - Media OutReach - 21 December 2022 - Stewardship Asia...

Doctor Anywhere acquires Singapore-listed Asian Healthcare Specialists, secures additional US$38.8 million funding

Acquisition of integrated healthcare provider Asian Healthcare Specialists marks expansion of strategic capabilities, builds holistic healthcare offering to serve Southeast AsiaSINGAPORE - Media...

Hong Kong Life Launches “Family Guardian Refundable Hospital Income Protection Plan” with Market-first Family Daily Hospital Income Benefit Providing 100% Premium Refund and additional...

HONG KONG SAR - Media OutReach - 21 December 2022 - Unpredictable accidents and illnesses may incur high medical expenses and loss of...

Vietnam Starts its Biggest Lao Project Construction in Sekong

Construction of the Bauxite-Alumina Mining Industrial Complex began in Sekong’s Dakcheung district on 19 December. According to Vietnamnet, the project would cover an area of...