Business

Lao Development Bank and TCR Group Back USD 12 Million Hotel Project in Luang Prabang
Lao Development Bank and TCR Group are teaming up on a USD 12 million-plus hotel project that will bring an international brand to Luang Prabang. The development, TCR's fourth hotel, is expected to boost tourism capacity and create jobs.

Budget Direct Opens Adelaide Office to Create Local Jobs and Strengthen Customer Service
Budget Direct has launched customer operations in Adelaide, starting with a 50-person service team in the city centre. The office will move to a permanent site in 2027 with room for up to 300 employees.
AITO Sets Its Sights on Europe, Aiming to Build a Thriving Automotive Ecosystem
AITO plans to enter the European market in autumn 2027, Clifford Kang of SERES Group announced at the 2026 Paris Motor Show. The brand says it wants to grow alongside partners and bring intelligent luxury mobility to more drivers.