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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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Coface China Corporate Payment Survey 2021: Rising Payment Risks in Construction and Energy Sectors Despite Stronger Economic Outlook

HONG KONG SAR - Media OutReach - 26 May 2021 - Overall, the Chinese economy expanded by 2.3% in 2020, being the...

MTR Corporation and Kerry eCommerce Join Hands to Launch “Kerry Express @ MTR Shops” New Retail Solution

HONG KONG SAR - Media OutReach - 25 May 2021 - MTR Corporation (Stock Code 0066.HK) and Kerry Logistics Network Limited ('Kerry Logistics Network';...

Freightlancer acquires freight marketplace Loadshift, receives investment from Maas Group founders, appoints new CEO.

Freightlancer, a subsidiary of Freelancer Limited (ASX: FLN) (OTCQX: FLNCF) acquires Loadshift, Australia’s leading heavy haulage transport marketplace. SYDNEY, AUSTRALIA - News Direct - 25...

Marriott Bonvoy “Brings the World to You” across 11 hotels in Hong Kong!

HONG KONG SAR - Media OutReach - 25 May 2021 - This summer, Marriott Bonvoy members will find each visit to the...

China Dynamics Initiates Nasdaq Listing Process

HONG KONG SAR - Media OutReach - 25 May 2021 - China Dynamics (Holdings) Limited (the "Company"; Stock Code: 476, together with its...

Art & Technology innovator 4ARTechnologies completes its unique ecosystem with secure NFT marketplace for physical and digital artworks

ZUG, SWITZERLAND - Newsaktuell - 25 May 2021 - 4ARTechnologies today announced the 4ART marketplace for NFTs and digital art, the newest module...
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