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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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DHL study reveals Asian youth are growing anxious about finding employment

88% of youth surveyed believed that they have the requisite skills needed to enter the working world but more than 90% of...

DHL study reveals youth in Indonesia are growing anxious about finding employment

More than 90% of youth surveyed believed that they have the requisite skills needed to enter the working world but almost 90% of them...

DHL study reveals youth in Vietnam are growing anxious about finding employment

More than 80% of youth surveyed believed that they have the requisite skills needed to enter the working world but almost 90%...

Park Hae-jin arrives in Madame Tussauds Singapore

Get immersed in the Korean Culture and wear a Hanbok in Madame Tussauds SingaporeSINGAPORE - Media OutReach - 15 July 2021 - DAEBAK! K-drama...

Microban International: Leaders in Built-in Antimicrobial Technology Become a United Powerhouse

NORTH CAROLINA, USA - News Direct - 15 July 2021 - Microban® International is proud to announce that it is bringing together its Microban®...

RangeMe expands into APAC as it broadens product choice 10x for retailers

APAC expansion: Leading global product discovery platform, RangeMe, has opened retailers in APAC to their global community of suppliers, increasing their choice of brands...
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