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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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From Lovebirds, to Mothers, to Fingers – DJ Maddy Barber has $20,000 more MADLY Bespoke Jewellery Experiences to Giveaway

DJ Maddy Barber ends her radio career with an unprecedented $50,000 jewellery giveawayThe final giveaway on 16 July is called #GiveMaddyTheFinger and ...

Singapore Asset Manager, Lighthouse Canton and CDPQ’s Ivanhoé Cambridge invest in life sciences R&D real estate

SINGAPORE - Media OutReach - 9 July 2021 - In a landmark transaction in South Asia, Ivanhoé Cambridge, a global real estate subsidiary...

Asia Cloud Computing Association Releases 2021 New Financial Services and Tech Adoption Report: Better on the Cloud for Financial Services in Asia Pacific

SINGAPORE - Media OutReach - 9 July 2021 - Asia Cloud Computing Association (ACCA) released its 2021 report on the financial services ...

Alvotech Initiates Clinical Studies for AVT04, A Proposed Biosimilar to Stelara® (Ustekinumab)

Approximately 530 participants will be enrolled in a comparative, confirmatory efficacy and safety study for AVT04 in plaque psoriasis, across Central and Eastern European...

Shop Till You Drop with iShopChangi’s 8.8 Sales During Their 5-Week Campaign, iShopathon

iShopChangi's iShopathon is back by popular demand for season two! Running from July 7 to August 10, shoppers can save up to...

BBGL Partners Make Bold Commitments to a Great Future

Global Britain relaunches flagship GREAT Campaign while the UK Embassy and British Business Group Lao drive towards a greener future. With Britain taking center stage...
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