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...

M1’s Mega Sale Returns with Weekly Flash Deals & Exclusive Promotions in Singapore

M1's exclusive discounts and promotions ensure customers of all ages can get a head start on their Great Singapore Sale shopping spree. With free...

DYPHOX Asia Sets Up Regional HQ in Singapore

Antimicrobial and eco-friendly products by German Company proven to be 99.99% effective against bacteria and viruses (incl. SARS-CoV-2), with coatings that can last up...

Infor Names Chema Aramburu Executive Vice President and General Manager for Asia Pacific and Japan

Cloud veteran picked to accelerate SaaS business in the fastest-growing region for Infor SINGAPORE - Media OutReach - 1 June 2021 - Infor, the...

Vesync Enters Thailand Market

America’s No.1 Air Purifier Brand Levoit Brings Cost-Effective Products to Thailand Market. BANGKOK, THAILAND - Media OutReach - 1 June 2021 - Vesync...

Datang Debuts Issuance of USD300 Million Senior Notes, Diversified Funding to Enhance Debt Profile

HONG KONG SAR - Media OutReach - 1 June 2021 - Chinese property developer ─ Datang Group Holdings Limited ("Datang" or...

MOVE Network Launches Its First NFT Incubator in Hong Kong

HONG KONG SAR - Media OutReach - 31 May 2021 - MOVE Network has officially launched its first NFT (Non-Fungible Token) incubator in Hong...