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...

StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022

The collaboration will contribute towards an innovative, interoperable, and inclusive digital currency infrastructure leveraging on an open-sourced blockchainSINGAPORE - Media OutReach - 1...

Phiminer launches Cloud Mining Service for Dogecoin

Cloud Mining with PhiminerHONG KONG SAR - Media OutReach - 1 November 2022 - Cloud Mining is one way of cryptocurrency mining that...

CATL and VinFast reach global strategic cooperation to promote global e-mobility

OSAKA, JAPAN - Media OutReach - 1 November 2022 - Contemporary Amperex Technology Company ("CATL") and VinFast Trading & Manufacturing Joint Stock...

Navigator Launches ELEVATE Adviser Enablement Ecosystem for Insights and Resources

SINGAPORE - Media OutReach - 1 November 2022 - Navigator Investment Services, an integrated investment platform under Singlife with Aviva, a leading...

BUY ONE, GET ONE TREE! Cathay Pacific to plant mangrove trees across Southeast Asia

SINGAPORE - Media OutReach - 1 November 2022 - Cathay Pacific today shared the next development of its 1 Ticket, 1 Tree...

Unbalanced Diet, Physical Inactivity and Inadequate Sleep Among the Top Unhealthy Habits APAC Consumers Want to Kick in Next 12 Months – Herbalife Nutrition...

Virtual Run by Herbalife Nutrition is back for the third year running to spur actions for building healthy active living habits among Asia Pacific...