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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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New Qualtrics study reveals what Singaporean consumers want in the post-pandemic world

Customer satisfaction in Singapore exceeds global average Post-pandemic, consumers will increasingly expect great experiences...

New Qualtrics study reveals what consumers in the Philippines want in the post-pandemic world

Customer satisfaction in the Philippines exceeds global average Post-pandemic, consumers will increasingly expect great...

New Qualtrics study reveals what Malaysian consumers want in the post-pandemic world

Customer satisfaction in Malaysia exceeds global average Post-pandemic, consumers will increasingly expect great experiences...

Airwallex Rolls Out Online Card Payments Solution in Hong Kong

Newly launched solution allows merchants in Hong Kong to accept online card payments through Visa and Mastercard.Hong Kong merchants can now ...

Charlotte Puxley Flowers: The Journey Towards Sustainability

SINGAPORE - Media OutReach - 20 May 2021 - Charlotte Puxley Flowers is working towards adopting more sustainable practices in their floral...

Half-Year Figures: ZEISS Reports Successful Start to Fiscal Year

Half-year revenue reaches 3.4 billion euros (+6% compared to prior year) – EBIT at 591 million euros (+136 million euros vs. prior year) Positive development...
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