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...

CPA Australia: Half of accountants tip stronger Hong Kong economy amid property price falls

Majority in survey forecast Hong Kong's economy to grow or remain unchanged in 2023 ...

Laos Sees a Trade Deficit of USD 230 Million in October

Laos recorded a trade deficit of USD 230 million in October, according to the latest information from the Lao Trade Portal. The trade deficit has...

Kenanga Group Wins 3 Awards At The UN Global Compact Malaysia-Brunei Sustainability Performance Awards

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 December 2022 - Kenanga Investment Bank Berhad ("Kenanga Group" or "The Group") was presented with...

China’s economy is recovering well, recovery expected to accelerate next year, finds KPMG China analysis

HONG KONG SAR - Media OutReach - 13 December 2022 - KPMG China released its China Economic Monitor report for Q4 2022. According...

Value Partners launches Hong Kong’s first asset management App — “Value Partners Invest”

Bringing the city’s asset management services to a new era: Make investing much faster, simpler and more convenient HONG KONG SAR - Media...

Key risk trends for directors and officers in 2023: potential recession, cyber and ESG concerns

Allianz Global Corporate & Specialty (AGCS) highlights macroeconomic risks such as inflation and insolvency and their...