Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

SwissCham Singapore Announces Ms Julie Raneda As New Chair

At 34th AGM, Ms Raneda commits to growing wider awareness of Swiss businesses in the republic SINGAPORE - Media OutReach - 30 May...

OctaFX and Ideas Academy partner to digitalise learning centres in Malaysia

OctaFX and Ideas Academy partner once again to advance education in Malaysia. This time, they join forces to digitalise multiple learning centres for refugees...

ULI Releases 2023 Asia Pacific Home Attainability Index Covering Data from 45 Cities

At their 2023 Asia Pacific Summit happening from 29...

Schneider Electric Releases New White Paper and TradeOff Tool Focused on How DCIM Addresses Hybrid IT Management Challenges

White Paper 281 shows how the success of a CIO is rooted in a solid foundation...

Toyota Launches New Toyota Hilux Revo Prerunner Adventure in Laos

Toyota Laos Company, a leader in automobile manufacturing, has just unveiled the new "Hilux Revo Prerunner" at Toyota Square, located at Parkson Mall in...

Bybit Receives In-Principle Approval to Operate in Kazakhstan

ASTANA, KAZAKHSTAN - Media OutReach - 29 May 2023 - Bybit, the world's third most visited crypto exchange, has received in-principle approval by...