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...

Luxury beauty advisory SWISS REJU wins COSMOPOLITAN Best of the Best Panel’s Choice Award, celebrating exceptional body contouring results

HONG KONG SAR - Media Outreach - 19 December 2022 - Luxury beauty advisory SWISS REJU has been honored with "Best of the...

LOCA launches LOCA PAY Enabling QR Code payment via Credit Card

Loca launched a new product "Loca Pay" on 16 December 2022, with a new goal to be a convenient and safe digital payment intermediary...

Hong Kong Baptist University develops new aptamer drug for bone anabolic therapies

HONG KONG SAR - Media OutReach - 19 December 2022 - A research team led by Hong Kong Baptist University (HKBU) has identified...

LOFTER Group assisted with “Gingko House”, the social enterprise, to hold a series of activities to bring warmth to the community this winter

HONG KONG SAR - Media OutReach - 19 December 2022 - LOFTER GROUP ("LOFTER" or "the Group"), a Hong Kong-based property developer...

Appier launches AIRIS, the next-gen AI-powered CDP leveraging first-party data to activate MarTech applications

Seamless data unification enables 360° user profile generation in one-click, while data visualization reflects user feedback in real-timeTAIPEI, TAIWAN - Media OutReach -...

Infobip appoints Vice President of Marketing and Growth to support ambitious targets

By combining the marketing and growth teams, Infobip puts its customers front and center to build global brand awarenessKUALA LUMPUR, MALAYSIA - Media...