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...

Moloco looks to South East Asia to propel further growth

From customer success stories to new regional leadership team, the machine learning firm taps on sea of opportunity in the fastest-growing regionSINGAPORE - ...

Avery Dennison expands energy storage portfolio with electric vehicle battery solutions

Automotive industry in the region set to gain, with a full range of durable, dependable, safe, and sustainable products for the electric vehicle sector...

NaRaYa Announced as Official Sponsor of APEC Voices of the Future 2022 Held in Thailand

BANGKOK, THAILAND - News Direct - 16 November 2022 - NaRaYa, a lifestyle brand that offers handbags and accessories to customers worldwide, has signed...

GS1 Hong Kong Summit 2022 The Future is Now: Enabling Growth through “IDD” (Innovation, Disruption, Digital Transformation)

HONG KONG SAR - Media OutReach - 15 November 2022 - The GS1 HK Summit 2022 ("the Summit") was held successfully today at...

DHL: Incoming capacity poses fresh challenges for ocean freight

SINGAPORE - Media OutReach - 15 November 2022 - The DHL Ocean Freight Market Update Report November 2022 is now available. Below are...

Melco’s Jade Dragon honored as Macau’s one and only Black Diamond restaurant by Trip.com Gourmet 2022 Global Elite Restaurant List

MACAU SAR - Media OutReach - 15 November 2022 - Melco Resorts & Entertainment announces Jade Dragon, its signature Cantonese fine-dining restaurant at...