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...

AXA launches “SmartStudent Overseas” to provide comprehensive protection for overseas studies

Four market-leading features with medical coverage up to HKD2,000,000HONG KONG SAR - Media OutReach - 19 July 2021 - AXA Hong Kong...

NetApp Celebrates the Digital Transformation and Business Growth Achievements of FY’21 APAC Partner Excellence Award Winners

Selected partners recognized for their commitment toward customer success with NetApp solutions and for driving revenue growth in cloud, FlexPod, AI, data protection and...

Six Advisers With Focus Firms Named to the 2021 List of Australia’s Top 100 Financial Advisers

NEW YORK, NY - ACCESSWIRE - 19 July 2021 - Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of fiduciary wealth management firms,...

The Community-based Social Innovation for Youth Program in Hong Kong

The Third “Social Innovation • Community 4.0” Competition Prize Presentation CeremonyHONG KONG SAR - Media OutReach - 16 July 2021 - A...

China Dongxiang Announces Operational Results for FY2021/22 Q1

Retail Performance for the Overall Platform Registered Mid-to-Low Teen Growth yoy Same-Store-Sales Grew by Mid-to-High Single-Digit yoyHONG KONG SAR - Media OutReach - 16...

Cyberport Community Dedicated to Developing 5G Solutions to Enhance Lifestyle Experience and Business Applications

Over 30 projects awarded funding totalling around HKD15 million under the "Subsidy Scheme for Encouraging Early Deployment of 5G"HONG KONG SAR - Media ...