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...

Etiqa Insurance Singapore extends complimentary coverage for COVID-19 vaccination side effects to Maybank customers

SINGAPORE - Media OutReach - 19 May 2021 - As Singapore continues to roll out its COVID-19 vaccination programme in its steady...

TECNO Joins Android 12 Beta Program on its latest smartphone TECNO CAMON 17

HONG KONG SAR - Media OutReach - 19 May 2021 - TECNO Mobile shared that it will join the first batch of global...

Hi Sun Fintech Global Celebrates 1-Year Anniversary of Redefining Banking in SEA

HONG KONG SAR - Media OutReach - 19 May 2021 - Hi Sun Fintech Global (HSG), a dynamic provider of IT...

Wi Ha-Joon Of MSteam, Wholly-Owned By Spackman Entertainment Group’s Associated Company, Spackman Media Group, Stars In Webtoon Film SHARK: THE BEGINNING Expected To Be...

Wi Ha-joon of MSteam headlines in webtoon film SHARK: THE BEGINNING which is slated to be screened online on 17 June via Korean...

Bybit to Launch Ether Futures Contract

SINGAPORE - Media OutReach - 18 May 2021 - Cryptocurrency exchange Bybit has announced today it will launch Ether futures contract on...

The race against the virus: DHL white paper update reveals learnings from one year into COVID-19

Involving over 350 facilities, DHL distributed more than 200 million vaccine doses to over 120 countries to dateFrom 2022 onward, a...