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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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BusinessFocus Award 2021 Grand Ceremony & Winners Unveiled

HONG KONG SAR - Media OutReach - 18 May 2021 - The award presentation ceremony of "BusinessFocus Award...

Korean Company to Study Expansion of Luang Prabang Airport

The Korean Airports Corporation (KAC) has been selected to lead a feasibility study on the expansion of Luang Prabang International Airport. The Lao Ministry of...

LUX Smashes Sexist Labels Through Rousing Pop Anthem

Global beauty brand leverages pop culture to reframe mindsets on female stereotypes SHANGHAI, CHINA - Media OutReach - 18 May 2021 - Helming the rise...

TECNO TAIVOS™ Lab: How can signal processing and AI Imaging build the ultimate selfie

HONG KONG SAR - Media OutReach - 18 May 2021 - TECNO, a rising global smartphone brand, is taking huge steps forward with...

Jewellery training now enjoys generous SkillsFuture Funding

SINGAPORE - Media OutReach - 18 May 2021 - As part of a concerted effort by SkillsFuture Singapore, Workforce Singapore, Enterprise Singapore...

Trend Micro Launches First and Only SecOps Solution to Slay Open Source Code Bugs

Built with Snyk, this Trend Micro Cloud One service saves time per vulnerability and improves visibility and tracking automation HONG KONG SAR - Media OutReach...
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