Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Gaw Capital Partners Forms Partnership with Data Center First

HONG KONG SAR / SINGAPORE - Media OutReach - 23 July 2021 - Real estate private equity firm Gaw Capital...

KingHash Intelligent One-Stop Mining Platform May Change Mining Ecology

Abstract: The cryptocurrency market was sluggish in the first half of 2020 and gradually reversed in the second half of the year. Traditional industry...

Hong Kong Lo Pan Kwong Yuet Tong “2021 Young Lo Pan Award Ceremony”

With grand Lo Pan pioneering spirit, Elite newcomers in the industry are praised for their exceptional performanceHONG KONG SAR - Media OutReach -...

Vietnam Government supports T&T Group in purchase of 40 million Sputnik V vaccine doses

HANOI, VIETNAM - Media OutReach - 22 July 2021 - On July 12, the Government of Vietnam issued Resolution No. 73/NQ-CP allowing ...

Jurassic World RUN! Asia Pacific 2021: Start Running for the First-Ever Jurassic World Virtual Run in Asia Pacific

Clock-in starting 26th July 2021 on the MOVE by LIV3LY app!SINGAPORE - Media OutReach - 22 July 2021 - It's time for runners...

MEXC Global Exchange: A World-class Service Provider Bridging Continents and Challenging Pioneers

SINGAPORE - Media OutReach - 22 July 2021 - MEXC Global, the one-stop solution for spot trading and derivatives, continues to be...