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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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Xero named Frost & Sullivan’s 2021 Asia-Pacific SME Accounting Software Vendor of the Year

Xero recognised for its exemplary performance and valuable contributions in shaping new trends across Asia-Pacific in its 2021 Best Practices Awards SINGAPORE - Media OutReach...

Amazon study: Across generations, shoppers in Singapore are keen to support local businesses

More than half of Gen Z shoppers in Singapore say they will consciously support businesses that give back to the community when...

NetApp Delivers an Innovative, No-Compromise, Unified Hybrid Cloud Experience

New ONTAP Software and Hybrid Cloud Portfolio Enhancements Reduce Costs and Complexity; Provide Simple, Unified Data Management Across On-Premises and Public Cloud SINGAPORE - Media...

Chubb report reveals the risk and uncertainty faced by SMEs as they increasingly conduct business digitally

HONG KONG SAR - Media OutReach - 9 June 2021 - Chubb launched a report - "Digital Business Accelerated," which...

Scientists Worldwide Pledge Their Trust in Science in Celebration of the International Day of Light

Trust Science pledge signed by Nobel Laureates, scientific leaders and science bodies worldwide TRIESTE, ITALY - News Direct - 08 June 2021 - The UNESCO...

Cushman & Wakefield Voted Hong Kong’s Second Most Attractive Employer in Randstad Employer Brand Survey

HONG KONG SAR - Media OutReach - 8 June 2021 - Cushman & Wakefield has been voted as the second most attractive employer in...
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