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...

Save the Children Hong Kong’s Study: 42% of Secondary School Students Felt Sad for a Long Time and 3 in 5 had worried that...

Children want to have a say in matters that affect them, Young Voices study reveals HONG KONG SAR - Media OutReach - 24 May 2021...

Enviro-Hub to fully acquires glove making subsidiary Pastel Gloves

SINGAPORE / KUALA LUMPUR, MALAYSIA - Media OutReach - 21 May 2021 - Enviro-Hub Holdings Ltd (SGX:L23) has announced the proposed acquisition of the...

Meal replacement startup Sustenance is shaking up the meal shakes industry in Singapore and APAC

HONG KONG SAR - Media OutReach - 21 May 2021 - Gautam Param and Leon Chen started meal replacement company Sustenance to solve this...

ERA Singapore Participates in Singapore Property Show 2021, the nation’s largest virtual real estate show

SINGAPORE - Media OutReach - 21 May 2021 - The Singapore Property Show (SPS) is back from 13 to 30 May 2021 for a...

Elsevier launches new India COVID-19 Healthcare Hub to help curb the spread of misinformation and support clinicians

Complimentary resources include localized online learning tools for healthcare professionals and the public in India on the prevention and management of COVID-19, along with...

The Hong Kong Institute of Housing Urges the Government to Form a Property Management Functional Constituency

HONG KONG SAR - Media OutReach - 20 May 2021 - The property management ("PM") profession is a unique sector that is end-user-facing...