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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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Singapore Companies Rapidly Bringing the Future of Work to Life: Aon Survey

75% of surveyed organisations have made decisions on return-to-office timelines but only 25% of the companies have a return date.33% of companies...

The MDRT Academy continues to grow with new members from Sun Life Asia

SINGAPORE - Media OutReach - 2 June 2021 - The MDRT Academy — a new association helping financial professionals accelerate their careers...

GeTS wins 2021 Global Finance – The Innovators Award for Outstanding Innovation in Trade Finance

SINGAPORE - Media OutReach - 2 June 2021 - Global eTrade Services (GeTS) is proud to be recognised as one of...

GROUP8 Brings ‘The Standoff’ Closer With An Exclusive Online Tour

SINGAPORE - Media OutReach - 2 June 2021 - With a rise in cybersecurity breaches and the need for remote work amid...

Charles Monat Associates Announces New Global Leadership Structure to Accelerate International Growth

Berry Wong appointed to newly created role of CEO, APACNikki Koh appointed as CEO, SingaporeElevated appointments for Klaus Kiessling to Group CFO and Li...

NCS Makes Top Hires to Drive Growth

Industry veterans to boost senior leadership team SINGAPORE - Media OutReach - 2 June 2021 - NCS today announced the appointment of three industry veterans...
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