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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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Lao Company Hopes to Distribute Vietnamese-made Electric Vehicles

Lao and Vietnamese companies have signed a memorandum of understanding on discussions and consideration of the distribution of Vietnamese-made VinFast electric vehicles in Laos. The...

Singapore Startup Wype Launches Subscription Platform For Toilet Paper

SINGAPORE - Media OutReach - 30 June 2021 - Wype, a local startup, has announced the official launch of an innovative toilet...

Robert Parker Wine Advocate Announces Launch of Organic and Biodynamic Wine Search Filters and the Robert Parker Green Emblem: Recognising Extraordinary Sustainable Efforts in...

24 wineries from around the world achieve Robert Parker Wine Advocate reviewers’ recognition in the inaugural 2021 list SINGAPORE & NAPA - Media OutReach...

Breakthroughs International Conference Malaysia 2021 gathers kinesiology practitioners online globally for the first time ever

KUALA LUMPUR, MALAYSIA - Media OutReach - 30 June 2021 - Breakthroughs International Conference Malaysia 2021 (BTiC 2021) is set to bring together experts,...

Callsign Warns That More Than Half of Consumers Trust Organizations Less After Receiving Scam Messages From Fraudsters Impersonating Their Brand Name

Consumers receive 3 scams a day, with a quarter receiving more messages from fraudsters than genuine messages from friends and family.HONG KONG SAR -...

Jacobson Pharma Announces FY2021 Annual Results

Declares Final Dividend of HK1.5 Cents Per Share; Resilient Performance Albeit Market ChallengesHONG KONG SAR - Media OutReach - 29 June 2021 - Jacobson...
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