Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Leading child mental health organisations call for global action against infant, child and adolescent trauma

SINGAPORE - Media OutReach - 30 May 2023 - Research has shown that most mental disorders develop in childhood and adolescence before the...

Dubai retains No.1 global ranking for attracting Greenfield FDI projects

Dubai achieves 89.5% YoY growth in total announced FDI projects in 2022 compared to 2021 ...

Enhancing Patient Experiences with a Cohesive Healthcare Ecosystem

Malaysia positions itself as a safe and trusted destination for seamless, high-quality healthcare services with the implementation of technology.KUALA LUMPUR, MALAYSIA - Media...

Positive Revision – Fosun’s Ratings Affirmed by S&P Global Ratings

With continuous efforts to optimize capital and asset base, Fosun's short-term liquidity pressure has been greatly eased and its credit rating outlook has been...

Volatile Baht Predicted in 2023 Amidst Political and Financial Uncertainties

A new financial outlook released on Tuesday said that the Baht has become increasingly volatile, which has also affected foreign investment in Thailand. A...

PAOB Introduces “Business Revolving Loan” as the Expanded Collaboration with eftPay

Enabling Retail SMEs to Seize Market Recovery Opportunities with Flexible Funding IMG { cursor: pointer } HONG...