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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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917Ventures: Creating digital lifelines for Filipinos

MANILA, PHILIPPINES - Media OutReach - 16 June 2021 - 917Ventures' digital innovations have enabled consumers and businesses to thrive and triumph ...

Prime Day 2021 Deals Preview: Two Days, More Than 2 Million Deals, Starting June 21 in Singapore

Prime Day starts at 12am SGT on June 21, offering 48-hours of epic savings and over two million deals globally from amazing...

Arlo Introduces Newest Addition to Its Award-Winning Ultra Series with Ultra 2 Camera

Latest Ultra series camera delivers an ultimate user experience with features such as 4K HDR and 180-degree FOV SINGAPORE - Media OutReach - 16...

Start-Ups in Singapore Pay Less Than Their U.S. Counterparts: Aon

The base salary at start-ups in Singapore is 12% lower than the U.S. across Managerial levels and 32% lower across Professional individual...

Dash Living rolls out its first co-living project in Australia

Expanding its footprint to the Asia Pacific region HONG KONG SAR - Media OutReach - 16 June 2021 - Dash Living, Asia's pre-eminent serviced living...

WELLE Kicks Off Full-Scale Digital Transformation Journey with Infor

CHANGZHOU, CHINA - Media OutReach - 16 June 2021 - Infor, the industry cloud company, today announced that WELL Environmental Group (WELLE)...
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