Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Education in Motion strengthens sustainability education with the first net-zero international school building in Singapore

Education in Motion's (EiM) The Greenhouse at Dulwich College (Singapore) is the only international school building...

OPPO Announces Kaká as Global Brand Ambassador for its UEFA Champions League Partnership

SHENZHEN, CHINA - Media OutReach - 25 May 2023 - Global smart technology company OPPO today announces Ricardo Izecson Dos Santos Leite, better...

US, South Korea Sanction North Korean Entities in Laos, China and Russia

Washington DC has imposed sanctions on North Korean entities engaged in training expat IT workers for money laundering and malicious cyber activities in Laos,...

TCL Hosts Asia-Pacific Launch to Showcase Latest Innovations Designed to Expand Imaginations and Ignite Passions

TCL reveals exciting brand updates and new product range including Mini LED QLED TVS, Soundbars, and Domestic AppliancesBANGKOK, THAILAND - Media OutReach -...

TCL Introduces New Mini LED QLED TVs, Soundbars and Smart Home Devices, Delivering Immersive Entertainment and Innovative Domestic Solutions to Audiences in Asia-Pacific

TCL’s industry leading display technology delivers world class home theatre experiences alongside innovations that help consumers lead healthier, more connected lifestyles. BANGKOK, THAILAND...

2023 International Tea Day Fair Puts Laos’ Tea Industry in Spotlight

The Lao Department of Agriculture (DoA) led the celebration of International Tea Day in Laos. This year, the three-day event aims to enhance the...