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...

Taiwantrade.com showcases popular Taiwanese food, beverage, and pineapple products

SINGAPORE - Media OutReach - 1 July 2021 - Taiwantrade.com is showcasing a popular range of Taiwanese foods, beverages, and pineapple products for...

Levoit Collaborates with Ban Leong Chin Inter

BANGKOK, THAILAND - Media OutReach - 1 July 2021 - Levoit, the #1 selling air purifier brand in the US*, announced its ...

Hong Seh Motors Launches New Lease To Own Scheme for the Long-Awaited Tesla Model 3

SINGAPORE - Media OutReach - 1 July 2021 - Hong Seh Motors announces the launch of the much-anticipated lease to own scheme for...

Fosun Tourism Was Recognised as An Honored Company in II-Asia Executive Team Poll Published by Institutional Investor

HONG KONG SAR - Media OutReach - 30 June 2021 - Fosun Tourism Group ("Fosun Tourism" or " the Group", HKEX Stock Code: 1992),...

China Fordoo Won the First Ever “ESG Achievement Awards 2020 – Special ESG Awards – The ESG Rising Star”

HONG KONG SAR - Media OutReach - 30 June 2021 - China Fordoo Holdings Limited ("Fordoo" or the "Company"; together with its subsidiaries,...

Keigo x Discovery Bay FUNtastic Summer 2021

Enjoy a FUN time out at Discovery Bay with the famous Keigo characters and a basket of cool offerings this summerHONG KONG SAR -...