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...

SEAL Eco Advance Limited and Dow sign MoU to accelerate adoption of Post-Consumer Recycled (PCR) resin for e-commerce packaging

New partnership aims to advance the recycling industry in Hong Kong, showcasing new opportunities for circular economy in Asia PacificDow's PCR resin...

DHL Supply Chain Thailand joins forces with Green Spot to distribute beverages across the nation to support medical staff in their fight against COVID-19

BANGKOK, THAILAND - Media OutReach - 20 May 2021 - From 14 to 21 May 2021, DHL Supply Chain Thailand partnered with Green...

M1 Now Offers New iPhone 12 and iPhone 12 Mini with 5G in Stunning New Purple

Just as Apple unveiled the new purple iPhone 12 and iPhone 12 mini, M1 goes full throttle with its official launch. Its exclusive...

Trend Micro Named a Leader in Endpoint Security Software-as-a-Service

Independent research firm gives company highest possible score in threat prevention criterion HONG KONG SAR - Media OutReach - 20 May 2021 - Trend Micro...

Achiko completes initial shipment of AptameX, its progressive Covid-19 diagnostic test, to Indonesia, delivering 77% sensitivity at low viral loads

Production of first 1,000 AptameX test kits is concluded in Singapore (initial capacity to test 10,000 patients per day).AptameX delivers sensitivity of 77% (95%...

Design Spectrum of Hong Kong Design Centre Presents “Brand New Youth” Exhibition A Tribute to Our Future Selves

Good Designs Never Age HONG KONG SAR - Media OutReach - 20 May 2021 - The term "Hau Sang" (young) in Cantonese...