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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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Laos Garment Industry Requires Over 10,000 Workers

The garment industry in Laos requires over 10,000 workers, with both skilled and inexperienced laborers needed, according to the Lao Garments Association. Up to 15,000...

Demerara Distillery Names SPUN Spirits as its First Distributor in Southeast Asia for El Dorado

SINGAPORE - Media OutReach - 7 July 2021 - SPUN Spirits (the "Company") has been appointed the official distributor for the coveted...

Hong Kong Healthcare Market Research and Consulting’s Gastrointestinal Health of Working Women Survey: 1/3 of women experience lengthened defecation time during the pandemic, exceeding...

90% are stressed out during the pandemic; 70% have no shortened working hoursHONG KONG SAR - Media...

City Chain Launches E-Commerce Website in Singapore, Bringing Another Dimension to the Retail Experience

Enjoy attractive discounts, online exclusives and free shipping on City Chain's newly launched e-commerce website in Singapore. Be the first to get your hands...

Prudence Foundation announces winners of the 2021 SAFE STEPS D-Tech Awards

Innovative oil spill recovery and dam water level monitoring solutions receive a US$75,000 grant each to help save lives from natural disastersHONG KONG SAR...

Hang Lung Properties Named Among “China Best Managed Companies 2021”

HONG KONG SAR and SHANGHAI, CHINA - Media OutReach - 6 July 2021 - Hang Lung Properties has received the honor of being...
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