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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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Prime Day delivered the two biggest days ever for small businesses on Amazon.sg and big savings for Prime members

17,000 small businesses participated in Amazon.sg's Prime Day this year Top categories that members shopped and saved on included PC, grocery and...

China Dongxiang Announces Annual Results FY2020/2021　Revenue Increases by 27.8% to RMB1,970 Million

Direct Franchised Reform Bears Fruit Overall Business Achieved Healthy and Stable Development ...

Trend Micro Vision One Stops Threats Faster, Streamlines Operations and Cuts Costs

Customers have experienced 79% savings when consolidating vendors with an extended detection and response solutionHONG KONG SAR - Media OutReach - 23 June 2021...

72% of Asia Pacific Generation Zs, Millennials Aspire to Be Entrepreneurs – Herbalife Nutrition Survey

SINGAPORE - Media OutReach - 23 June 2021 - Premier global nutrition company, Herbalife Nutrition, unveiled findings from its 2021 Asia...

The Wild Rift SEA Icon Series – Summer Super Cup is poised for a legendary finish, featuring 16 teams from eight different regions

HONG KONG SAR - Media OutReach - 23 June 2021 - The 2021 Southeast Asia (SEA) Icon Series, organized by Riot Games, is...

Hong Kong’s data center stands firmly in the market

Ranks the third most attractive data center location in APAC Land supply increase through HSITP in the Lok Ma ...
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