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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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Taiwanese Online Learning Startups Flourish During Pandemic, Make Headway in APAC

TAIPEI, TAIWAN - Media OutReach - 15 June 2021 - The COVID-19 pandemic has led to a boom in homeschooling. At the same...

South Africa offers investment opportunities to Asia Pacific investors

SINGAPORE - Media OutReach - 15 June 2021 - The Johannesburg Stock Exchange (JSE) and joint sponsors, Citi and Absa Bank...

Limitless Technology Launches a New Line of Women’s Supplement, “LYLA”

The Successful Internet Holding Company Is Set to Bring A New View on Women’s Wellness KUALA LUMPUR, MALAYSIA - Media OutReach - 15...

Hong Kong Design Centre Names New Executive Director

HONG KONG SAR - Media OutReach - 15 June 2021 - Hong Kong Design Centre (HKDC) announced today the appointment of Dr Joseph...

Cushman & Wakefield and China Real Estate Association Release 2020 Asia REIT Market Report

HONG KONG SAR - Media OutReach - 15 June 2021 - Cushman & Wakefield, a leading global real estate services firm, released...

Local Support For Singapore Food Produce Encourages Move Into Agritech Careers

97% of survey respondents are supportive of the development of Agritech in Singapore64% of respondents who are currently not employed in Agritech...
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