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...

Apical Rolls Out Gotong Royong Vaccinations in Balikpapan Following Success Vaccination Campaigns in Other Cities

BALIKPAPAN, INDONESIA - Media OutReach - 5 July 2021 - Continuing the successful 'Gotong Royong' (Mutual Cooperation) vaccination campaign that was carried...

Love ‘On Air’ – Couple Proposes on Radio to Win a $10,000 Bespoke Jewellery Experience

● DJ Maddy Barber ends her radio career with an unprecedented $50,000 jewellery giveaway ● Jovan Teo and Eveleen Liew won a bespoke MADLY engagement...

Kerry Logistics Network Secures Places Atop Institutional Investor Rankings, Recognised As “Most Honored Companies” for the Sixth Consecutive Year

HONG KONG SAR - Media OutReach - 2 July 2021 - Kerry Logistics Network Limited ('Kerry Logistics Network'; Stock Code 0636.HK)...

The Nailist Collaborates With Outrankco To Improve Digital Capabilities

SINGAPORE - Media OutReach - 2 July 2021 - The Nailist, a home-grown Manicure Singapore service provider, collaborates with Outrankco to improve...

FWD pulls off record tally at Bloomberg Businessweek Financial Institution Awards 2021 with 13 wins

Most awarded insurer for the fourth consecutive yearHONG KONG SAR - Media OutReach - 2 July 2021 - FWD Hong Kong ("FWD")...

Australia Fashion Website The Wardrobe to re-launch in July 2021

BRISBANE, AUSTRALIA - Media OutReach - 2 July 2021 - The Lillith Fashion Group are the new owners of the much loved,...