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...

GS1 Hong Kong Summit 2021 Scaling Digital Transformation • Cultivating Digital Assets

HONG KONG SAR - Media OutReach - 10 June 2021 – The GS1 HK Summit 2021 ("the Summit") was held successfully today at the...

GS1 Hong Kong Summit 2021  Scaling Digital Transformation • Cultivating Digital Assets

HONG KONG SAR - Media OutReach - 10 June 2021 – The GS1 HK Summit 2021 ("the Summit") was held successfully today at the...

Blue Cross Insurance Launches COVID-19 Travel Protection, Offering “Free Vaccine Cash Allowance” up to HK$10,000

HONG KONG SAR - Media OutReach - 10 June 2021 - As the COVID-19 epidemic slows down and many residents are getting...

Southeast Asia eCommerce platform Lazada launches public bug bounty program with YesWeHack

SINGAPORE - Media OutReach - 10 June 2021 - Southeast Asia's leading eCommerce platform Lazada announces the launch of a public bug bounty...

Nearly 600 nominations submitted for Vietnam’s first-ever global sci-tech prize

HANOI, VIETNAM - Media OutReach - 10 June 2021 - Vietnam's VinFuture Foundation announces that it has officially closed the nomination ...

Xlife Sciences AG (XLS DE): Breakthrough in Drug Development

First available holistic medical drug to treat Covid-19 and flu viruses ZURICH, SWITZERLAND - EQS Newswire - 10 June 2021 - As a project company...