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...

Microsoft Hong Kong and Lenovo PCCW Solutions partner to speed up cloud innovation and adoption in Hong Kong

The partnership aims to help businesses harness the power of cloud to uncover new revenue streams, accelerate digital transformation, and nurture talent HONG KONG...

New Pearson Study Identifies Human Skills As The “Power Skills” Most In Demand In Southeast Asia’s Major Job Markets

SINGAPORE - Media OutReach - 1 December 2022 - Pearson, the world's leading learning company, has revealed results from recent research showing that...

Ministry of Public Security to Develop E-Border Pass for Over USD 18 Million

With an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding...

Hang Lung Properties and LVMH Group Co-Create Solutions at the Inaugural Real Estate & Climate Forum

A two-day innovative event generating over 200 ideas for tackling real estate & retail sustainability challenges, held one month after the signature of...

Herbalife Nutrition Appoints Professor Masashi Miyashita as its Newest Nutrition Advisory Board Member in Japan

HONG KONG SAR - Media OutReach - 1 December 2022 - Herbalife Nutrition (NYSE:HLF), a premier global nutrition company, announced the appointment of...

Mowreq and YesHealth Group sign deal to build Saudi Arabia’s largest indoor vertical farm

This will be the largest indoor vertical farm in the Kingdom of Saudi Arabia, and the...