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...

First NFT Project Launches On Oasys In Collaboration With Creator of Virtua Fighter and Shenmue

SINGAPORE - Media OutReach - 8 December 2022 - Oasys, a gaming-optimised blockchain built by gamers for gamers, today announces the launch...

OPPO to Unveil New Cutting-edge Tech and Commitment to “Empowering a Better Future” at INNO DAY 2022 on December 14

SHENZHEN, CHINA - Media OutReach - 8 December 2022 - OPPO today confirmed that its fourth annual tech event, INNO DAY 2022, will...

H.A.N.D.S. Shopping Centre Awarded Silver Honor for Best Urban Regeneration Project at MIPIM Asia Awards 2022

HONG KONG SAR - Media OutReach - 8 December 2022 - Real estate private equity firm Gaw Capital Partners announced that H.A.N.D.S. Shopping...

SSVT prepares to introduce blockchain-based ship oil certificate system, Oilpass, to Singapore

SINGAPORE - Media OutReach - 8 December 2022 - South Korean company, SSVT (Smart Ship Venture Technology), seeks to expand to Singapore...

UnaBiz Closes Series B at over US$50M with Extension Round Led by SPARX Group

SINGAPORE - Media OutReach - 8 December 2022 - UnaBiz, Massive Internet of Things (IoT) service provider, closes Series B at over US$50M...