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...

More COVID-19 Aid Arriving in Indonesia; Tanoto Foundation Donates Oxygen Concentrators

JAKARTA, INDONESIA - Media OutReach - 13 July 2021 - Following a donation of 500 tons of oxygen to hospitals in Indonesia...

Carrefour Unlocks Customer Brand Loyalty with Appier

Appier Intelligent Conversion Booster Engine allows Carrefour to win new customers and attract existing customers successfully TAIPEI, TAIWAN - Media OutReach...

Industronics To Tap On USD17 Billion Pre-Owned Luxury Watch Market With The Launch Of Its Own Luxury Watch E-Commerce Platform

Online sales of the luxury watch remain low at only 25% of the total sales for pre-owned luxury watchOffers authenticity guarantees and ...

TOPBOX Mobile Self Storage kicks off limited offers in Australia – $100-$200 discount for a limited period

MELBOURNE, AUSTRALIA - Media OutReach - 13 July 2021 - Melbourne's trusted mobile and self-storage service provider, TOPBOX is now offering...

84% of Organizations Experienced Phishing & Ransomware Type Threats in the Past 12 Months

New Trend Micro study reveals tips on how to mitigate phishing and ransomware HONG KONG SAR - Media OutReach - 13 July 2021...

99% Of Millennials In The Philippines Said That Purchasing Pre-Owned Items Is More Sustainable, According To New Research By IAB SEA+India And Carousell Media...

MANILA, PHILIPPINES - Media OutReach - 13 July 2021 - According to a new report published by Carousell Media Group (CMG) and IAB...