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...

AI-powered, blockchain-based solution for ESG challenges in painting for the shipbuilding industry

SINGAPORE - Media OutReach - 9 December 2022 - South Korean company, SSVT (Smart Ship Venture Technology), seeks to expand to Singapore...

News Direct Reaffirms Its Commitment to Accepting Payment in Cryptocurrency

Norwalk, CT - News Direct - 9 December 2022 - Despite the recent turmoil in the cryptocurrency world, News Direct today announced...

American Express Opens Singapore Decision Science Center of Excellence

SINGAPORE - Media OutReach - 9 December 2022 - American Express (NYSE: AXP) today announced it has opened a new Decision Science Center...

Investors Prefer Personal Advisors Over Robo or Digital Solutions In Their Wealth Management Journey

SINGAPORE - Media OutReach - 9 December 2022 - A recent wealth management study has found that most investors prefer having a personal...

YouTube Works Awards Celebrate Creativity, Innovation and Inclusivity

HSBC, Café de Coral and Otsuka Pharmaceutical (H.K.) Ltd. recognised for producing Hong Kong’s most effective marketing campaigns on the platform in 2022HONG...

Mead Johnson Hong Kong Further Incentivizes Formula Can Recycling with the Latest Edition of “We CAN Protect the Future”

Expands collection point network to encourage parents and children to recycle together while earning discounts on everyday itemsHONG KONG SAR - Media OutReach...