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...

DYXnet wins Bronze STEVIE® Award for its excellent MPLS & SD-WAN hybrid network solution

HONG KONG SAR - Media OutReach - 9 June 2021 - DYXnet, a leading carrier-neutral network service provider in Greater China,...

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

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

Asian Productivity Organization: Tokyo Statement on the Centrality of Productivity

TOKYO, JAPAN - Media OutReach - 9 June 2021 - As the economic and humanitarian crises in the second year of the...

Medallia named LEADER in Report for Customer Feedback Management Platforms by Independent Research Firm

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

Nefilim Ransomware Targets Victims with $1 Billion Revenue

Trend Micro report takes a deep dive into one of the most successful threat groups in modern HONG KONG SAR - Media OutReach -...

Entrust 2021 Hong Kong Encryption Trends Study Shows Increased Focus on Cloud Data Protection Across Region

Conducted by the Ponemon Institute, the 16th annual study highlights regional adoption of enterprise-wide encryption faster than global averages HONG KONG SAR - Media ...