Business

Laos Inflation Reaches 7.7% in August, Remains Above Target

Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent in July, while average inflation for the first eight months of the year stood at 7.9 percent. Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...

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...

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...

Sa Sa Announces Interim Results for FY2022/23

Hong Kong SAR same store sales up 19.8% Group’s loss narrows by 26.7% YoY HONG KONG SAR...

When regulating the metaverse, lessons can be learned from existing approaches to regulating online spaces—from video games to social networks

Economist Impact and Meta to convene top policymakers and industry experts to discuss how stakeholders can work together to develop principle-based approaches to privacy,...

Unlocking US$5M funding access for social enterprises, Choco Up partners with Dream Impact to bring Hong Kong’s impact ecosystem to new heights

SINGAPORE - Media OutReach - 17 November 2022 - Choco Up, Asia's leading revenue-based financing and growth platform, today announces its partnership with...

Foresight Signs Commercial Agreement With SUNWAY-AI for up to $51M

Foresight’s QuadSight® technology will provide driver assistance features to Chinese airport vehicles NESS ZIONA, ISRAEL – News Direct – 17 November 2022 - Foresight...

Arvato Supply Chain Solutions expands to Australia / New location in Sydney expands Arvato’s global network

GUETERSLOH/SYDNEY - Newsaktuell - 17 November 2022 - Arvato Supply Chain Solutions opens its first warehouse in Australia. The new site in Villawood,...

VinFast celebrates Canadian launch with opening of first store at Yorkdale Shopping Center

TORONTO, CANADA - Media OutReach - 16 November 2022 - VinFast officially opened its first Canadian store at Yorkdale Shopping Centre in...