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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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DHL Supply Chain is named a Leader in the 2021 Gartner Magic Quadrant for Third-Party Logistics, Worldwide

16 international logistics companies were evaluated based on their completeness of vision and ability to execute in this Gartner Magic Quadrant report"We believe that...

DHL and SOS Children’s Villages celebrate ten years of partnership in Vietnam

Partnership is a key aspect of DHL's Group-wide program GoTeach, which seeks to improve employability for young people by preparing them for...

LOCA Expands Services to Pakse City

Local ride-sharing startup LOCA recently launched its operations in Pakse City, the third city in Laos to benefit from the service. LOCA reported that with...

Tanoto Foundation Trains 800 Facilitators to Overcome Learning Loss

JAKARTA, INDONESIA - Media OutReach - 1 July 2021 - In preparation for the new school year which begins in July, ...

Businesses Adopting Agile Approach Since Pandemic, Yet 57% of Employers Face Challenges

More than four in five (83%) of Singapore employers have accelerated the adoption of the Agile methodology since the pandemic78% of employers...

Jurassic World RUN! Asia Pacific 2021: First-Ever Jurassic World Virtual Run in Asia Pacific

Registration opens 5th July 2021 at: jurassicworldrun.com SINGAPORE - Media OutReach - 1 July 2021 - Jurassic World fans can get ready for a new...
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