Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

FinTech Olympiad 2023 Inspires Tertiary Students to Leverage Fintech to Create Social Impacts, Creating Solutions to Transform People’s Lives and Business Practice for the...

Vision Carbon by CityU Won Gold Medal with its Blockchain-based Carbon Trading PlatformHONG KONG SAR - Media OutReach - 29 May 2023 -...

Laos, Malaysia Ink Deal to Collaborate on Clean Electricity

Electricite du Laos and TNB Power Generation Sdn Bhd (TNB Genco) signed an MoU on Thursday to explore energy investment collaborations in renewable energy...

AOC Gears Up to Celebrate AOC Days marking 56 Years of Innovation and Excellence in Monitor Technology

Join the fun!SINGAPORE - Media OutReach - 29 May 2023 - AOC, a trailblazer in the field of monitor and IT accessories, is...

Hong Kong Life Announces the Sponsorship of a Local Movie, “Everyphone Everywhere”

HONG KONG SAR - Media OutReach - 29 May 2023 - Hong Kong Life announces the sponsorship of a local movie, "Everyphone Everywhere"...

s/ash, New 5G Mobile Service and Lifestyle Brand debut

The high-quality 5G network is tailored to enable young people to share their daily lives, pursue their dreams, and showcase their unique attitude.HONG KONG...

Now TV and beIN SPORTS join forces to bring Formula 1 ® in 4K to Hong Kong viewers for the next three seasons

HONG KONG SAR - Media OutReach - 29 May 2023 - Now TV and beIN SPORTS are pleased to announce that FIA Formula...