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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 Kong based Rare Whisky Holdings agrees investment deal with Scottish whisky auction house Whisky Hammer

HONG KONG SAR - Media OutReach - 27 July 2021 - Rare Whisky Holdings, a whisky investment group managed out of Hong Kong has bought a...

SUNeVision Becomes Foundation Partner of Infrastructure Masons Hong Kong Chapter to drive Hong Kong’s digital future for all

HONG KONG SAR - Media OutReach - 27 July 2021 - SUNeVision Holdings Ltd. (SUNeVision), the number one data centre provider in Hong Kong,...

Travis Pitt Joins Focus Partner Firm Escala Partners, Expanding Escala’s Investment Advisory Team and Increasing its Presence in the Melbourne and Syndey Wealth Markets

NEW YORK, US - ACCESSWIRE - 27 July 2021 - Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of fiduciary wealth management firms, announced today that Travis...

Michael Lohscheller Appointed New CEO of VinFast Global

HANOI, VIETNAM - Media OutReach - 27 July 2021 - Vingroup, the largest conglomerate in Vietnam, announced today that it has appointed Michael Lohscheller as the...

MOVE Network Showcases Partnerships with UCOLLEX at Ani-Com HK 2021

HONG KONG SAR - Media OutReach - 26 July 2021 - MOVE Network, the NFT aggregator, kick-started its collaboration with UCOLLEX at the 22nd Annual ACGHK Expo...

Hang Lung Collaborates with Hyatt to Launch Grand Hyatt Residences Kunming at Spring City 66

HONG KONG SAR / KUNMING, CHINA - Media OutReach - 26 July 2021 -  Hang Lung Properties today announced its collaboration with global...
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