Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

ULI Names Ten Exceptional Real Estate Projects as Winners of 2023 Asia Pacific Awards for Excellence

Established in 2019, the ULI Asia Pacific Awards for Excellence recognises projects representing the highest standards and practices in the real estate community.HONG...

Flagship Medical Tourism Hospitals to Advance Malaysia’s Healthcare Brand on a Global Scale

Championing outcome-based medical excellence, service excellence best practices and international brandingKUALA LUMPUR, MALAYSIA - Media OutReach - 26 May 2023 - Spearheaded by...

New Research Finds that APAC Consumers Expect both Security and Ease-of-Use when Interacting with Brands Online

An Okta survey of nearly 5,000 consumers in Asia Pacific discovers that many are frustrated with traditional password logins, and would prefer passwordless, social...

Fusion of Metaverse and Online Shopping to Recreate the Ecology of Shopping – Liza applies AI technology to build the traceability system of products

HONG KONG SAR - Media OutReach - 26 May 2023 - Recently, Liza, a well-known community e-commerce company in Vietnam, announced that it...

Canopy Sands Development Presents Bay of Lights at Annual Investment Meeting 2023: A Step Towards Becoming Cambodia’s Next Financial Hub

ABU DHABI, UAE - Media OutReach - 26 May 2023 - Canopy Sands Development, the master developer of the largest coastal city in...

BingX Sponsors Bitcoin 2023 and Celebrates 5th Anniversary in Miami

SINGAPORE - Media OutReach - 25 May 2023 - BingX, one of the leading crypto exchanges, is proud to recap their presence at...