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...

Han Ji-hyun Of SBD Entertainment, Wholly-Owned by Spackman Entertainment Group’s Associated Company, Spackman Media Group, Stars in Popular K-Drama, THE PENTHOUSE 3: WAR IN...

Han Ji-hyun of SBD Entertainment continues to star in the third season of SBS K-drama PENTHOUSE which premiered on 4 June 2021Previously,...

HDBank to pay 25 per cent dividend in shares, Moody’s raises credit rating for the bank to positive outlook

HO CHI MINH CITY, VIETNAM - Media OutReach - 7 June 2021 - The Ho Chi Minh City Development Joint Stock Commercial...

True Colors Fashion: The Future is Now!

Showcasing Adaptive Fashion and Tech Wearables SINGAPORE - Media OutReach - 7 June 2021 - The Future is Now! unites some of the...

Shopmatic waives hosting fees for 90 days to support small businesses

Shopmatic encourages small businesses and entrepreneurs to go online with its ‘Inspiring Entrepreneurship Programme’, offering no hosting fees for 90 days between 3rd June...

NEFIN appointed by Cyberport to carry out solar power project

Light-weight panel system provides facility owners with safe options towards carbon neutrality HONG KONG SAR - Media OutReach - 5 June 2021 - The...