Business

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if the nationwide overstay rate reaches 70 percent, under new rules introduced as the country expands overseas job opportunities. A provincial overstay rate above 20 percent will trigger a one-year suspension of visa issuance for Bolikhamxay Province,...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Vientiane’s Shared E-Bikes Return Amid Parking, Licensing Concerns

Red electric bikes bearing the “Laos Shared E-Bike” logo have reappeared across Vientiane, raising...

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Infineon and Stellantis agree on Memorandum of Understanding on multi-year delivery of silicon carbide (SiC) chips

MUNICH, GERMANY - Media OutReach - 15 November 2022 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and the global automaker Stellantis...

Amazon Singapore to kick off the holiday season with thousands of deals and first-ever Amazon.sg House event during Black Friday

Tis' the season for early holiday shopping with thousands of deals starting Friday, November 25, including deep discounts of up to 75% on deals...

Local property portal MOGUL.sg raises S$9m in its first Series A

SINGAPORE - Media OutReach - 15 November 2022 - MOGUL.sg, a homegrown AI-driven property portal, has raised S$9 million in...

IPO of 6-year-old “Future Food” startup – BASE FOOD, Inc.

HONG KONG SAR - Media OutReach - 15 November 2022 - BASE FOOD, Inc., a Japan-based food-tech company, went public on 15th November...

Graphisoft Announces Strategic Partnership with IME Technology Sdn Bhd to Accelerate BIM Coverage in Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach - 15 November 2022 - Graphisoft, the leading Building Information Modelling (BIM) software solutions provider for architecture...

South Korean Company Authorized to Build Multi-Billion Dollar Resort

Laos has signed an agreement with a South Korean company giving it a concession for the use of a 1,200-hectare plot of land to...