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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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Discovery Bay FUNtastic Summer 2021: Keigo Family Characters, Mobile Game and Lucky Draw Await at the Discovery Bay FUNtastic Summer Shop, Eat, Play...

HONG KONG SAR - Media OutReach - 15 July 2021 - Get ready for the summer as Discovery...

Zhuhai Port Completes the Acquisition of 11.96% Interest in Tian Lun Gas, Officially Becomes the Second Largest Shareholder

Enters into Strategic Cooperation Agreement with Zhuhai Port to Explore In-depth Cooperation in the Field of New EnergyHONG KONG SAR - Media OutReach -...

Schneider Electric Introduces Imperatives for Data Centers of the Future and New IT Innovations

Just released 'Digital Economy and Climate Impact' report predicts IT electricity demand to increase but emissions to remain stable, as the electricity system decarbonizesSchneider...

Crypto Derivatives Leader Bybit Enters Spot Trading

SINGAPORE - Media OutReach - 15 July 2021 - Bybit, hitherto the world's largest derivatives-only cryptocurrency exchange, has announced its expansion into...

ACT Genomics Hong Kong Laboratory Earns CAP Accreditation NGS Testing and R&D Capacity Strengthened

HONG KONG SAR - Media OutReach - 15 July 2021 - ACT Genomics Holdings Co. Ltd. ("ACT Genomics" or "the...

Easybook.com completes USD5M Series-C Fundraise led by Emissary Capital

KUALA LUMPUR, MALAYSIA - Media OutReach - 15 July 2021 - Easybook.com (Easybook) - Southeast Asia's leading long-range mobility software provider has...
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