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...

Children Now Have the Opportunity to Choose Their Sponsor with World Vision Malaysia’s Chosen Campaign

Chosen aims to alleviate poverty and empower vulnerable children by giving them the power to choosePETALING JAYA, MALAYSIA - Media OutReach - 8...

K-Pop is Leading ‘Twitter Spaces’ Globally; 3 of The Top 5 Most Listened-to Twitter Spaces Are K-Pop Artists

NCT, the first K-pop artist who hosted a Space, was the most listened-to Space before launchGOT7 BamBam set the record for the most listened-to...

AIA Singapore reveals Singaporeans spend 2.5 times more on their children’s needs than their retirement planning

60% of Singaporeans face an uncertain future by not prioritising their retirement planningSINGAPORE - Media OutReach - 7 July 2021 - AIA ...

yeedi Redefines Robot Mops with the Debut of yeedi mop station

Europe’s first self-cleaning robot mop & vacuum that washes the mopping pads automaticallyBERLIN, GERMANY - Media OutReach - 7 July 2021 - yeedi,...

MOVE Network and Binance NFT Marketplace are Jointly Launching an Exciting NFT Drop Event for Brightburn

HONG KONG SAR - Media OutReach - 7 July 2021 - MOVE Network, the world's leading NFT aggregator, is working with ...

Cushman & Wakefield : Office Leasing Activity Grows but Availability Remains High

F&B Rents in First Rise Since Q3 2016 yet Relaxation of Cross-Border Restrictions may Impact Short-Term DemandHighlights of Office Market ...