Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

OneMALL Announces Limited Time Offer for Setup of Online Stores

KUALA LUMPUR, MALAYSIA - Media OutReach - 14 June 2021 - Small and medium-sized enterprises (SMEs), micro SMEs and individual entrepreneurs have...

Twitter is critical tool for K-pop artists, with current artists Tweeting more than seven times a day

The fourth generation K-pop groups Tweet more than seven times a day, multiple times more than previous generations of K-pop artistsTwitter and K-pop...

Asian Productivity Organization (APO) Puts Productivity in the Spotlight

TOKYO, JAPAN - Media OutReach - 11 June 2021 - The Tokyo-based Asian Productivity Organization (APO) in partnership with the Japan ...

Refinitiv Workspace for Wealth Advisors chosen for Nomura’s International Wealth Management business

Fast, light and built on an open platform, Refinitiv Workspace for Wealth Advisors is tailored to the specific needs of wealth advisors, delivering an...

SAP Southeast Asia Announces Winners for the Inaugural SAP Best Run Awards 2021

Leading organisations such as Changi Airport Group, Zuelling Pharma and TrickleStar recognised for their resiliency and creativity in harnessing technology to drive growth amidst...

Concord Pacific And HB Management To Become The Majority Shareholder In HQ Capital Real Estate

Moving Forward, Concord Pacific And HB Management Will Maintain A Close Strategic Relationship With Global Investment Advisory Firm, HQ Capital HONG KONG SAR - Media...