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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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Southco Announces Siegfried Xu As Asia Pacific General Manager, Transportation

SHANGHAI, CHINA - Media OutReach - 12 July 2021 - Southco, a leading global supplier of engineered access hardware solutions has devoted...

AXA Management and Employees Conducted Beach Clean-up; 257 kg of Coastal Wastes Removed to Protect The Environment

HONG KONG SAR - Media OutReach - 11 July 2021 - AXA Hong Kong and Macau ("AXA") has always been adhering to the purpose...

YesAsia Holdings Limited successfully listed on The Stock Exchange of Hong Kong Limited

HONG KONG SAR - Media OutReach - 9 July 2021 - YesAsia Holdings Limited ("YesAsia" or the "Company"; together with subsidiaries, the "Group"; SEHK...

Run for Taste @ Victoria Harbour Get healthy together with Cushman and Wakefield at virtual run race

HONG KONG SAR - Media OutReach - 9 July 2021 - As the pandemic gradually calms down, though overseas vacations are impossible this...

Mauritius Commercial Bank (MCB) to adopt MITECH’s TRAC Collateral Management system in the Cloud

PORT LOUIS, MAURITIUS - EQS Newswire - 9 July 2021 - The Mauritius Commercial Bank Ltd (MCB) (www.MCB.mu) is adopting MITECH's system TRAC (Trade...

IX Asia Indexes Announces the Results of the ixCrypto Index Quarterly Review (2021 Q2)

HONG KONG SAR - Media OutReach - 9 July 2021 - Today, IX Asia Indexes Company Limited announced the...
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