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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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Tuas Power partners with NEFIN to bid for 100MW electricity import from Malaysia and explores solutions to address power intermittency from clean energy

SINGAPORE - Media OutReach - 30 July 2021 -Tuas Power, Singapore's market leader in power generation and electricity retailing, signed a Memorandum of Understanding...

K-pop Belts Out Another Record on Twitter with the Highest Number of Tweets in a Year

SEOUL, SOUTH KOREA - Media OutReach - 30 July 2021 - K-pop continues to dominate the conversation on Twitter globally, even during unprecedented times. Fans turn...

Second Quarter 2021 Citi Residential Property Ownership Survey

Over half of respondents optimistic about home prices as pandemic situation improves, despite reduced interest in property ownershipHONG KONG SAR - Media OutReach - 29 July...

EV Dynamics Joins Forces with Quantron through a Share Swap to Form a New Electric Vehicle Powerhouse

HONG KONG SAR - Media OutReach - 29 July 2021 - Ev Dynamics (Holdings) Limited (the "Company", formerly known as China Dynamics...

Mobile Esports Takes Off Across Southeast Asia

Tencent, Newzoo white paper highlights new business models, career opportunitiesPHNOM PENH, CAMBODIA / MANILA, PHILIPPINES / HANOI, VIETNAM - Media OutReach - 29 July 2021...

OctaFX Celebrates Ten Years in Business

KUALA LUMPUR, MALAYSIA - Media OutReach - 29 July 2021 - In 2021, global broker OctaFX celebrates its tenth anniversary. There is no denying that...
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