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...

Kenanga Sustains Profit Momentum, Bolstered by Digital Strategy

KUALA LUMPUR, MALAYSIA - Media OutReach - 31 May 2021 - Malaysia's leading independent investment bank, Kenanga Investment Bank Berhad ("Kenanga" or...

Rhenus Clinches EcoVadis Silver Award For Six Years Running

SINGAPORE - Media OutReach - 31 May 2021 - The Rhenus Group is among the top 10% of service providers in the logistics industry...

ONLYOU Shifts Focus To Online Korean Classes In Wake Of New Restrictions

SINGAPORE - Media OutReach - 31 May 2021 - ONLYOU Korean Language School has announced its plan to focus on its online...

TechInsights partners with Strategy Analytics and Munro & Associates to deliver an in-depth analysis of electric vehicle technologies

OTTAWA, CANADA - News Direct - 28 May 2021 - TechInsights announces that they will be joining forces with Strategy Analytics and Munro...

Collection of Innovations, Insights & Ideas Enables Strategic Digital Transformation and Long-Term Success in Virtual Business

First large-scale Business & IT trade exhibition after the pandemic held for 3 days next month in HKCEC, Hong Kong HONG KONG SAR -...

DirectAsia Extends One Month Free Insurance to all Drivers and Riders in Singapore

SINGAPORE – Media OutReach - 28 May 2021 – Due the recent spike in local COVID-19 incidents, the Singapore government has implemented additional...