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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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Hong Leong Bank Introduces Debit Mastercard to Meet Cambodia’s Growing Digital Lifestyle

PHNOM PENH, CAMBODIA - Media OutReach - 30 July 2021 - To meet the increasing digital and cashless demands of Cambodians, Hong Leong Bank Cambodia ("HLB" or the...

VP Bank Announces Organisational Updates and New Appointments in Asia

SINGAPORE - Media OutReach - 30 July 2021 - Leading international wealth manager and private bank, VP Bank Ltd, today announced several key changes within...

Explore Discovery Bay with the brand new “FUNtastic DB Guide” and enjoy FUNtastic Summer Rewards

HONG KONG SAR – Media OutReach -  30 July 2021 - Discovery Bay launches a new "FUNtastic DB Guide" tailored for...

“SCOPES Driven by Porsche” Unites Creative Trailblazers Across Southeast Asia in First-Ever Virtual Edition

Enabled by the sports car manufacturer’s hallmark brand values, the virtual festival is set to catalyse and accelerate positive change Porsche Asia Pacific is...

2021 Deloitte Hong Kong Technology Fast 20 & Rising Star Program open for applications

Rekindling Hong Kong's economic growth through innovationHONG KONG SAR - Media OutReach - 30 July 2021 - The 2021 Deloitte Hong Kong Technology...

Kerry Logistics Network Extends Coverage in Latin America with New Office in Peru

HONG KONG SAR - Media OutReach - 30 July 2021 - Kerry Logistics Network Limited ('Kerry Logistics Network'; Stock Code 0636.HK) is extending its...
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