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...

ECOVACS ROBOTICS Kicks Off “May You be a Cleaning PRO like Hyun Bin” Mid-Year Sale Campaign with Special Bundle of N8 PRO and Auto-Empty...

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

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

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

Quality Building Award 2020 results announced

Hong Kong Children’s Hospital scooped highest accolade alongside five outstanding projects HONG KONG SAR - Media OutReach - 3 June 2021 - The...

CSG to Drive New Growth and Innovation for Vietnamobile

Brisbane, Australia - News Direct - 3 June 2021 - CSG® (NASDAQ: CSGS) today announced a multi-year contract/relationship extension with Vietnamobile, one of Asia...

New Research Seeks to Crack the Code of Coral Reef Heat Resilience

Paul G. Allen Family Foundation grants $7.2 million to support researchers working to help coral reefs survive the impacts of climate change SEATTLE, US -...

70% Of SOC Teams Emotionally Overwhelmed by Security Alert Volume

Trend Micro study reveals the human cost of underpowered Security Operations Centers HONG KONG SAR - Media OutReach - 2 June 2021 - Trend Micro...