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...

Digital Wallet Group enters Singapore to expand mobile remittance technology with acquisition of RediMoney Express

SINGAPORE/TOKYO, JAPAN - Media OutReach - 31 August 2021 - International IT and fintech company Digital Wallet Group (DWG) has expanded into Singapore by acquiring licensed remittance...

Global Payments Mobile Tap Launches in Taiwan

Solution turns Android devices into contactless payment terminalsTAIPEI, TAIWAN - Media OutReach - 30 August 2021 - Global Payments Inc. (NYSE: GPN), a leading worldwide provider...

Trend Micro Detected Over 13 Million Malware Events Targeting Linux-based Cloud Environments

Coinminers, web shells and ransomware made up 56% of malwares targeting Linux systems in the first half of 2021HONG KONG SAR - Media OutReach -...

Aerospike Q2 2021 Is Best Quarter in Company’s History

Widespread Demand for Petabyte Scale, Multi-cloud AI and ML Applications Drives Momentum for Aerospike Real-time Data Platform HONG KONG SAR - Media OutReach - 30 August...

Experience World’s First-Ever Virtual Walk-Through of UNESCO World Heritage Site, Machu Picchu

Cityneon's First Foray into Artefacts IP Exhibition – Machu Picchu and the Golden Empires of Peru Brings the Ancient Andean Civilization Back...

OneDegree Completes Series B1 Funding Round in Major Step to Become Asia’s InsurTech Leader

HONG KONG SAR - Media OutReach - 30 August 2021 - OneDegree, one of Asia's fastest growing InsurTech companies, today announces that it has raised USD28...