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...

Laos’ Electricity Exports Increase by 7.5% in 2022

At the same time, the amount of electricity imported by the country also decreased by 72.7 percent. The country earned USD 1,769 million by exporting...

Huobi to Upgrade HT Burning Mechanism, with 200 million Tokens In Existing Supply

SINGAPORE - Media OutReach - 15 December 2022 - On December 15, Huobi released an official announcement that as of that day, the...

New Online Personal Loan afterU offers low-interest turnaround solutions for Professionals in Emerging Industries

HONG KONG SAR - Media OutReach - 15 December 2022 - uFinance, the Information Loan Platform for Tertiary Students in Hong Kong,...

NEFIN completed Alliance’s largest renewable energy project generating more than 74,000kWh solar power annually

The solar PV system installed at the new Sai Tso Wan 2 plant is capable of offsetting 29 tonnes of CO2 annuallyHONG KONG SAR...

Southco Introduces PCI Riser Cage Fasteners For Use On New Server Chassis Models

HONG KONG SAR - Media OutReach - 15 December 2022 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

COMO Shambhala Launches Its First App Putting A Suite Of Holistic Wellness Experience In Your Pocket

The COMO Shambhala Anywhere app is a digital extension of the brand’s philosophy and gives access to yoga, meditation, slumber stories and even strength...