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...

JBM Healthcare Announces FY2021 Annual Results

Adjusted Net Profit* Increases by 13.3% to HK$54.6 MillionHONG KONG SAR - Media OutReach - 29 June 2021 - JBM (Healthcare) Limited ("JBM Healthcare"...

Cushman & Wakefield Takes Home Top Honors Across Multiple Service Lines at the RICS Awards China 2021

HONG KONG SAR - Media OutReach - 29 June 2021 - Global real estate services firm Cushman & Wakefield has again been recognized for...

NTT to create world’s largest connected stadium, generating a ‘digital twin’ of the Tour de France

The unique concept will bring together people, processes and technology over 3,400km ensuring the continuity and resilience of the raceHONG KONG SAR -...

Chubb appoints Mari Rachelle Canta as new Country President for the Philippines

SINGAPORE - Media OutReach - 29 June 2021 - Chubb announced today the appointment of Mari Rachelle Canta as the new...

The Launch of Hang Lung Residences Heralds a New Era in Premium Living on the Mainland

HONG KONG SAR AND SHANGHAI, CHINA - Media OutReach - 29 June 2021 - Hang Lung Properties today announced the debut of Hang Lung...

Bodhi Healing and Education Centre launches NLP communication skills courses to enhance children’s performance and improve family relationship

HONG KONG SAR - Media OutReach - 29 June 2021 - Bodhi Healing and Education Centre recently launched a NLP communication...