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...

Media OutReach Newswire and Macau Business Form Exclusive Content Partnership

The Asia Pacific 1st global newswire continues to increase its guarantee online news posting on leading news sites for its clientsHONG KONG SAR...

Premium Homecare Brand HIZERO Unveils Award-Winning All-In-One Hard Floor Cleaner

SINGAPORE - Media OutReach - 15 July 2021 - HIZERO, a premium home appliances maker, today unveiled its latest revolutionary all-in-one cordless bionic floor...

G-AsiaPacific crowned as 2021 AWS Consulting Partner of the Year – Malaysia

AWS recognised G-AsiaPacific's consistent performance in the implementation and development of AWS cloud solutions in Malaysia and across ASEAN, with a significant annual recurring...

Microsoft unveils Windows 365 — ushering in a new category of computing

Windows 365 will deliver a full, personalized PC experience from the cloud to any device, giving workers and organizations power, simplicity, and security for...

Dachser announces new Managing Director for Greater China

Kevin Chen to lead the Greater China Business Area which includes mainland China, Hong Kong and Taiwan; Yves Larquemin continues to head Dachser’s organization...

Malaysian Celebrities Tell OctaFX Their Honest Success Stories in The New Show

KUALA LUMPUR, MALAYSIA - Media OutReach - 15 July 2021 - 'OctaFX: Honest Stories of Success' is a new interview series by the popular...