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...

Global law firm Norton Rose Fulbright’s Hong Kong and Dubai offices have advised cryptocurrency exchange Bybit on entering the UAE market

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 11 April 2022 - Bybit is the world's third most visited cryptocurrency exchange and one...

This June, look for it! The first Public EV Charging stations will open in June 2022 by LOCA COMPANY, and the company plans to...

The first EV fast-charging station will be installed by Loca in June 2022. The capital, Vientiane, will be the first location, with expansion to other...

OneDegree announces multi-year partnership with Munich Re to launch “OneInfinity” digital asset insurance

HONG KONG SAR - Media OutReach - 11 April 2022 - OneDegree Hong Kong Limited ("OneDegree") announced today that it has entered into...

Readiness Index reveals that energy transition in Asia Pacific still in its infancy

Participants at the annual Asia Pacific Energy Week surveyed on importance of key energy priorities and...

AgileAsia Finds More Business Professionals Signing Up Agile Training Courses During The Pandemic

SINGAPORE - Media OutReach - 11 April 2022 - Premier training provider, AgileAsia, has recently discovered more than 5600 people participated in...

Babel Finance has completed a two year $50 million BTC/ETH cross-currency swap

SINGAPORE - Media OutReach - 11 April 2022 - Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth...