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...

DHL Express delivers US donation of Pfizer-BioNTech vaccines to Malaysia

Additional one million doses contributed by the United States government via the COVID-19 Vaccines Global Access (COVAX) programmeKUALA LUMPUR, MALAYSIA - Media OutReach...

Trend Micro Warns of Ransomware Targeting Industrial Control Systems

Latest report highlights United States as the prime target of global threat actorsHONG KONG SAR - Media OutReach - 5 July 2021 -...

CUHK Business School Research Shows Reducing Online Piracy Can Lead to Increased Creative Output, But Comes with Unintended Side Effects

HONG KONG SAR - Media OutReach - 5 July 2021 - The protection of intellectual property rights (IPR) has long been a...

Coface Asia Corporate Payment Survey 2021: Corporate payment delay trend stabilized; companies see brighter outlook, but risks and uncertainty remain

HONG KONG SAR - Media OutReach - 5 July 2021 - Coface's 2021 Asia Corporate Payment Survey, conducted between October 2020...

Coface Asia Corporate Payment Survey 2021: Corporate payment delay trend stabilized; companies see brighter outlook, but risks and uncertainty remain

HONG KONG SAR - Media OutReach - 5 July 2021 - Coface's 2021 Asia Corporate Payment Survey, conducted between October 2020...

Coface Asia Corporate Payment Survey 2021: Corporate payment delay trend stabilized; companies see brighter outlook, but risks and uncertainty remain

HONG KONG SAR - Media OutReach - 5 July 2021 - Coface's 2021 Asia Corporate Payment Survey, conducted between October 2020...