Business

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international bond and signing a tax agreement with Hong Kong aimed at reducing costs for cross-border investors. On 29 October, S&P Global Ratings upgraded Laos’s long-term credit rating from CCC+ to B-, with a stable outlook, indicating...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

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...

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...

New Times Energy recorded revenue of 10,403 million and profit of 215 million for the first half of 2022

Highlights Recorded revenue of HK$10,402.8 million, representing a growth of 111.1% YOY ...

New UK Initiative to Boost Trade with Laos

A new initiative announced by the UK aims to promote the growth and prosperity of developing nations through the power of trade. The UK's new...

Extrusion Workshops of LESSO Indonesia Have Been Officially Put into Operation, Accelerating the Expansion of Global Markets

JAKARTA, INDONESIA - Media OutReach - 26 August 2022 - On August 25, the extrusion workshops of the first-stage production base of PT....

Bybit Launchpad 2.0 to Host Token of Okse IEO

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 August 2022 - Bybit, the third most visited cryptocurrency exchange in the world, will...

WingsOverAsia Singapore FBO Announces Rebranding of Membership Club & Enhancement of Private Aviation Services

SINGAPORE - Media OutReach - 26 August 2022 - WingsOverAsia, an integrated private aviation service provider based in Singapore, is announcing the rebranding...

Modern Chinese Medicine Announces Year 2022 Interim Results; Expand distribution network to seize industry opportunities

PERFORMANCE HIGHLIGHTS The Group posted a consolidated revenue of approximately RMB196.1 million for the...