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...

Amazon Singapore delivers smiles to children, ramping up support for the local community

In December, Amazon Singapore donated S$100,000 in cash to four local non-profits, supporting children in need ...

Toyota Asia’s Multiple Pathways towards Carbon Neutrality

BANGKOK, THAILAND - Media OutReach - 19 December 2022 - Mr. Akio Toyoda, President & CEO of Toyota Motor Corporation ("Toyota"), and founder...

PureDew Officially Launches Their e-Store On Lazada And Shopee

SINGAPORE - Media OutReach - 19 December 2022 - PureDew is proud to announce that it has launched its e-Store on two...

The sixth storage facility of StorHub Hong Kong is now open

Enjoy up to 4 months of free storage and complimentary transportation with friendly and professional customer service for a pleasant storage experience at StorHub...

Prenetics Acquires ACT Genomics First M&A Deal since IPO Set to Expand Footprint in Cancer Genomics

Prenetics will be acquiring a majority stake in ACT Genomics Holdings Company Limited ("ACT") for an...