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...

ESG Achievement Awards 2020: Completes a successful inaugural awards ceremony promoting sustainable development in Hong Kong

HONG KONG SAR - Media OutReach - 30 June 2021 - The results of ESG Achievement Awards 2020 were announced and...

Digital Water Hackathon DemoDay@SIWW Announces Winners

SINGAPORE - Media OutReach - 30 June 2021 - Two teams have emerged as winners of the inaugural Digital Water Hackathon, organised...

Son Ye-jin Of Spackman Media Group, An Associated Company Of Spackman Entertainment Group, To Star In JTBC’s New Drama, 39

Son Ye-jin of Spackman Media Group, who starred in highly popular romance drama CRASH LANDING ON YOU (2020), to headline in JTBC's new...

Suncity voted as Number 1 in Gaming & Lodging Sector in the Institutional Investor 2021 All-Asia Executive Rankings

Suncity Achieved All-Star Status, Also Named as the “Most Honored Company” HONG KONG SAR - Media OutReach - 30 June 2021 -...

HealthLand launches ultra-high sensitivity HIV RNA PCR test

HONG KONG SAR - Media OutReach - 30 June 2021 - To detect Sexually Transmitted Disease STDs, blood samples are usually...