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...

5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn

5ire, has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain...

ChainUp Custody and OneInfinity by OneDegree enter strategic partnership to foster collaboration in risk management

SINGAPORE & HONG KONG - News Direct - 15 July 2022 - Blockchain solutions provider ChainUp Group (“ChainUp”) and insurer OneDegree Hong Kong Limited...

Southeast Asian Central Banks to Connect Payment Systems via QR Code

Central banks in Southeast Asia hope to link payment systems across the region this year using QR code technology. Perry Warjiyo, Governor of the Bank...

TECNO CAMON 19 Releases in India! The Best Partner to Get Artistic with Night Photography

NEWDELHI, INDIA - Media OutReach - 15 July 2022 - On July 12, TECNO released the CAMON 19 in India. Describing in one...

FWD breaks its record again at Bloomberg Businessweek Financial Institution Awards 2022 with 14 wins

Most awarded insurer for the fifth consecutive yearHONG KONG SAR - Media OutReach - 15 July 2022 - FWD Insurance ("FWD") broke its...

Results of the ixCrypto Index Quarterly Review (2022 Q2)

HONG KONG SAR - Media OutReach - 15 July 2022 - Today, IX Asia Indexes Company Limited ("IX Asia Indexes") announced the 2022...