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...

Dr. Pest Control recently launched a new method to kill termites

HONG KONG SAR - Media OutReach - 22 July 2021 - Termites are one of the five major pests in the world....

GEODIS Honored with Lenovo Logistics Excellence Award for Service in the Americas

NASHVILLE and SINGAPORE - Media OutReach - 22 July 2021 - GEODIS, a global supply chain operator, has been recognized by Lenovo, a Fortune...

Cyber Youth Singapore Launches CYSummit’21, The Largest, First Of Its Kind Youth Tech Summit In Singapore

Cyber Youth Singapore, the nation's youth-driven cyber community, engaged more than 500 youths in its first virtual conference together with public and...

Chinachem Group and ATAL Engineering Group signs Memorandum of Understanding to foster collaboration on Healthcare Facilities Management

HONG KONG SAR - Media OutReach - 21 July 2021 - Chinachem Group (the Group) and ATAL Engineering Group (ATAL) today signed a Memorandum...

Callsign invited to join the World Economic Forum’s Global Innovators Community

HONG KONG SAR - Media OutReach - 21 July 2021 - Callsign, the digital trust pioneer, has been invited by the World Economic...

Match Dating has been awarded “Most Professional Date Matching Service 2020”

More than 10 years of professional matchmaking qualificationsHONG KONG SAR - Media OutReach - 21 July 2021 - Match Dating, a dating...