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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...
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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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Salaries in Southeast Asia Expected to Increase in 2023, Aon Survey Reveals

SINGAPORE - Media OutReach - 8 December 2022 - Aon plc (NYSE: AON), a leading global professional services firm, today released insights...

Hang Lung’s Heartland 66 in Wuhan Wins Gold Award in “Best Mixed-used Development” Category at MIPIM Asia Awards 2022

HONG KONG SAR - Media OutReach - 8 December 2022 - Hang Lung Properties is pleased to announce that Heartland 66, Wuhan, its...

E-commerce revolution with WhaleBoost in Sri Lanka

SINGAPORE - Media OutReach - 8 December 2022 - Current Asia e-commerce giant WhaleBoost had just announced the expansion of its cross-border e-commerce...

AWS launches new interactive tool to train digital talent in FSI companies

AWS Industry Quest: Financial Services is a game-based learning experience designed to teach individuals and organizations how to build solutions for fraud prevention, data...

MIPIM Asia 2022 Awards reveals winners of top real estate sector accolades

33 remarkable building projects across Asia Pacific recognisedHONG KONG SAR - Media OutReach - 8 December 2022 - The most prestigious awards that...

Lithium Finance announcing its Mainnet Beta Launch

HONG KONG SAR - Media OutReach - 8 December 2022 - Lithium Finance, the first decentralized valuation protocol for illiquid assets, will launch...
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