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...

Deelish Brands Raises S$1.5M In Pre-Series A Round

SINGAPORE - Media OutReach - 3 June 2021 - Deelish Brands, a Singapore-based restaurant management company, announced that it has raised over S$1.5 million...

MSIG Mingtai Insurance supercharges digitization with AI-informed Analytics from Appier

MSIG Mingtai Insurance doubles down on their customer-centric approach to marketing and service powered by AI TAIPEI, TAIWAN - Media OutReach - 3 June...

More Than 72% of Asian Workers Willing to Retrain for a New Job Role

Workers aged between 21 and 50, and those who are in the manual work & manufacturing; digitalisation & automation; and customer service...

ECOVACS ROBOTICS Kicks Off “May You be a Cleaning PRO like Hyun Bin” Mid-Year Sale Campaign with Special Offer of DEEBOT N8 PRO in...

BANGKOK, THAILAND - Media OutReach - 3 June 2021 - ECOVACS ROBOTICS, following the appointment of popular Korean Actor Hyun Bin as brand...

Avnet empowers the Artificial Intelligence ecosystem with its partners

Jointly demonstrate innovative AI technologies and applications at the Avnet AI Cloud Exhibition SINGAPORE - Media OutReach - 3 June 2021 -...

JustCo Signs New Metropolis Asset-Light Deal as “Space-as-a-Service” Grows in Popularity Among Landlords and Enterprises

Evolving market dynamics fuelling push towards increased flexibility in commercial real estate consumption SINGAPORE - Media OutReach - 3 June 2021 - JustCo, Asia's...