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...

British Council announces winners of Making Matters, China Design Challenge

BEIJING, CHINA - Media OutReach - 12 December 2022 - Following the winners announcement of Making Matters, China Design Challenge, the British Council...

AWS Announces AWS Clean Rooms

New service helps customers create data clean rooms to collaborate with their business partners and generate new insights while protecting underlying raw dataAmazon Ads,...

Tia Lee Yu Fen’s (李毓芬) music video takes centre stage after gripping animation series “GOODBYE PRINCESS” achieves record-breaking 100 million views

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 12 December 2022 - All eyes will now turn to Tia Lee Yu Fen's (李毓芬)...

Overseas Visitors to Laos Could Exceed One Million in 2022

VIENTIANE, LAOS - Media OutReach - 12 December 2022 - Since Laos reopened in May, there has been a constant rise in foreign visitors...

Media OutReach Newswire announced as PRCA APAC official newswire partners

HONG KONG SAR - Media OutReach - 12 December 2022 - The Public Relations and Communications Association Asia Pacific (PRCA APAC) has announced...

Dachser sets the course for air and sea freight

Dr. Tobias Burger to succeed Edoardo Podestà as COO Air & Sea Logistics, effective January 1, 2024. Successors are also lined up to manage...