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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new non-bank financial institutions in Vientiane Capital. Effective from the announcement date onwards, the suspension applies to both domestic and foreign investors seeking to establish deposit-taking microfinance institutions, non-deposit-taking microfinance institutions, and pawnshops in the capital. BoL said...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...
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Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...
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Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Foresight Signs MOU for Cooperation With Global Chinese Vehicle Manufacturer Chery

Chery and Foresight, together with Guide Infrared, will collaborate on autonomous vehicles to develop advanced solutions based on Foresight’s technologyNESS ZIONA, ISRAEL - News...

Symphony Acquires StreetLinx to Offer the Most Complete and Secure Verified Identity Directory in Financial Services

NEW YORK, US and LONDON, UK - News Direct - 2 August 2021 - Symphony - the leading markets' infrastructure and technology platform - will now offer...

Vingroup collaborates with Arcturus Therapeutics to establish a manufacturing facility in Vietnam for Arcturus’ mRNA Covid-19 vaccine

HANOI, VIETNAM – Media OutReach – 2 August 2021 - Supported by the Vietnamese Government and Health Ministry, Vingroup (HOSE: VIC) and Arcturus Therapeutics Holdings Inc. (Nasdaq:...

Hong Kong Medical Consultants (HKMC) Opens the HKMC Integrated Medical Centre in Central

A Wide Spectrum of Medical Specialties under One Roof to Support Expansion and Meet Demand for One-stop Quality Medical ServicesHONG KONG SAR - Media OutReach -...

Hang Lung Properties Garners “2021 Corporate Social Responsibility Model Award” in Recognition of its Community Investment and Sustainable Development Initiatives

HONG KONG SAR & SHANGHAI, CHINA - Media OutReach - 2 August 2021 - Hang Lung Properties has been awarded the "2021 Corporate...

7-Eleven launches exclusive Durian Snowskin Mooncakes – perfect for gifting family and friends this season!

SINGAPORE - Media OutReach - 2 August 2021 - 7-Eleven's crowd-favourite Durian Snowskin Mooncakes are BACK after a complete sell-out last year! Start...
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