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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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Second Ramadan during COVID-19 saw uptick in indexed traffic and sales across Southeast Asia

Criteo findings also reveal improvements in air travel in the region SINGAPORE - Media OutReach - 28 May 2021 - Criteo S.A. (NASDAQ:...

High Five for Lanson Place in the 2021 Tripadvisor Travellers’ Choice Award

HONG KONG SAR - Media OutReach - 27 May 2021 - Lanson Place Personal Hotels and Residences (Lanson Place) is proud to announce...

MSIG Launches Two New Critical Illness Products

Additional Options to Provide Better Choice, Accessibility and Affordability for Customers  KUALA LUMPUR, MALAYSIA - Media OutReach - 27 May 2021 - MSIG...

Chubb Creates Consumer Lines Division in Asia Pacific; Appoints Glen Browne to New Leadership Role

SINGAPORE - Media OutReach - 27 May 2021 - Chubb today announced that it has appointed Glen Browne Division President, Consumer Lines, Asia Pacific...

Incomlend Provides USD2.5 million Invoice Financing Programme for India-based Apparel Manufacturer to Capture Revenue Opportunities

Quick Turnaround Factoring Facility to Safeguard the Manufacturer from Credit Risks Amid Pandemic-related Complications SINGAPORE - Media OutReach - 27 May 2021 - Global invoice...

Emissary Capital and GrowthX Launch ASEAN’s First Go-to-Market Accelerator

KUALA LUMPUR, MALAYSIA - Media OutReach - 27 May 2021 - Emissary Capital, a boutique investment firm focusing on ASEAN, and GrowthX,...
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