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...

ECOVACS ROBOTICS Kicks Off “May You be a Cleaning PRO like Hyun Bin” Mid-Year Sale Campaign with Special Bundle of N8 PRO and Auto-Empty...

JAKARTA, INDONESIA - Media OutReach - 28 June 2021 - ECOVACS ROBOTICS, following the appointment of popular Korean Actor Hyun Bin ...

ECOVACS ROBOTICS Kicks Off “Clean Like a PRO” Mid-Year Sale Campaign with Special Bundle of N8 PRO and Auto-Empty Station in Malaysia

KUALA LUMPUR, MALASIA - Media OutReach - 28 June 2021 – ECOVACS ROBOTICS, following the successful launch of their latest DEEBOT series, today...

Axiata to commercialise Open RAN for network leadership across emerging Asia

First and only Open RAN commercial pilots in Sri Lanka and Malaysia First Open RAN solution commercially deployed with...

Maddy Barber’s Bespoke Jewellery Brand, MADLY, Takes ‘Meaningful Jewellery’ to the Next Level

Top 0.1% of coloured gemstones, credible, educated and experienced staff, hand-drawn bespoke designs and the finest craftsmanshipIn 2020, MADLY invested in their own...

AI Readiness Index Aims to Accelerate AI Adoption in Singapore

SINGAPORE - Media OutReach - 28 June 2021 - AI Singapore (AISG) has launched its AI Readiness Index (AIRI), a comprehensive ...

AMILI & NUHS Launch First-of-its-Kind and Free Gut Health Predictor

Measuring Asians’ Gut Health for a Better TomorrowSINGAPORE - Media OutReach - 25 June 2021 - AMILI (the "Company"), Southeast Asia's first microbiome bank...