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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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C3 AI and NCS Form Strategic Partnership to Deliver Enterprise AI Applications Across Asia-Pacific

REDWOOD CITY, Calif. and SINGAPORE - Media OutReach - 17 June 2021 - C3 AI (NYSE:AI), the Enterprise AI application software company, and...

Han Ji-hyun Of SBD Entertainment, Wholly-Owned By Spackman Entertainment Group’s Associated Company, Spackman Media Group, Selected As Brand Ambassador For Celltrion Skin Cure

Han Ji-hyun of SBD Entertainment, who continues to star in the third season of SBS K-drama PENTHOUSE, chosen as model for Celltrion...

Pledge for the Environment: Kimin Tanoto’s Journey to a Greener Future

JAKARTA, INDONESIA - Media OutReach - 17 June 2021 - There's no doubt that climate change has emerged as one of the biggest...

CUHK Business School Research Finds the Rise in High Speed Rail Leads to a Significant Improvement in Airline Services

HONG KONG SAR - Media OutReach - 17 June 2021 - Trains are making a comeback. After losing ground for decades to...

AXA AFFIN offers COVID-19 Complimentary Support Fund to assist its customers and to spur vaccination

Complimentary Support Fund is exclusively for AXA AFFIN Life Insurance customers with medical policiesCustomers affected by COVID-19 will have access to funds totalling RM200,000*To...

Librestream Brings its Onsight Augmented Reality Solution to Japan and Establishes Localized Sales and Support Operations

The technology delivers robust remote collaboration capabilities that enhance safety, efficiency, and resiliency for enterprises  WINNIPEG, MB - Media OutReach - 17 June...
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