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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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The New Razer Barracuda X Multi-Platform Wireless Gaming And Mobile Headset Is Set To Rule

Designed with 4-in-1 Wireless USB-C Connectivity for PC, PlayStation, Nintendo Switch and Android Devices, the Barracuda X promises immersive home gaming and seamless on-the-go...

Realme C21Y Launches with UNISOC T610 Chipset

SHANGHAI, CHINA - Media OutReach - 13 July 2021 - The world's fastest-growing smartphone brand, realme, launches the realme C21Y, the world's first smartphone...

“Leading 5G and Connected Impact ” UNISOC Sparkles at MWC 2021 In Barcelona

SHANGHAI, CHINA - Media OutReach - 13 July 2021 - The 2021 Mobile World Congress (MWC), the world's most influential exhibition in the field...

Velocity Global Acquires Shield GEO in Second Growth Transaction This Year

Company continues to scale leading global work platformFollows acquisition of iWorkGlobal in AprilCombined company serves more than 1,000 brands and over 7,000 supported employees...

Hong Kong Baptist University secures funding from RGC Theme-based Research Scheme to build platform technologies for symbiotic creativity

HONG KONG SAR - Media OutReach - 13 July 2021 - A research project led by Hong Kong Baptist University (HKBU) entitled...

Johnson Electric reports Business and Unaudited Financial Information for the First Quarter of Financial Year 2021/22

HONG KONG SAR - Media OutReach - 13 July 2021 - This news release is made by Johnson Electric Holdings Limited ("Johnson Electric"...
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