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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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Sanrio characters back as handy silicone zip pouches exclusively by 7-Eleven’s Shop and Earn stamps programme

Adorable and super useful -- these unique pouches that do not mind a squish here and there hold keys, coins, hand sanitisers and even...

Azbil to Develop Digital Solutions for Intelligent Building Management Systems

TOKYO, JAPAN - Media OutReach - 10 June 2021 - Azbil Corporation (Tokyo Stock Exchange Code: 6845) announced that it has started developing new...

CUHK Business School Research Examines the Loopholes that Enable Companies to Greenwash Their Supply Chains

HONG KONG SAR - Media OutReach - 10 June 2021 - The days of running businesses solely for profit are long gone. Businesses, large...

Windflower Florist Announces New Brand Story and Product Offerings

SINGAPORE - Media OutReach - 10 June 2021 - Windflower Florist, one of Singapore's leading online florists, unveiled a new brand story along with...

Citi-HKCSS Community Intern Program 2021 Handing Young Leaders the Torch of Corporate Social Responsibility

HONG KONG SAR - Media OutReach - 9 June 2021 - Citigroup Inc. (NYSE: C)The yearly Citi-HKCSS Community Intern Program (CIP) continues, lighting up...

Medallia named LEADER in Report for Customer Feedback Management Platforms by Independent Research Firm; Steps up Presence in Korea

Medallia Experience Cloud receives one of the highest scores in strategy and market presence categories. SEOUL, SOUTH KOREA - Media OutReach - 9 June 2021...
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