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...

We are all Stardust: The first monograph dedicated to Parisian Jeweler Extraordinaire Frédéric Zaavy

Tells the story of the brilliant life of Frédéric Zaavy, his unique craftsmanship, and enduring legacy of his aesthetics and works 20 years of...

DirectAsia Reveals 5 Factors That Could Influence Your Car Insurance Quotes in Singapore

SINGAPORE - Media OutReach - 14 May 2021 - Despite global economic disruptions brought about by the COVID-19 pandemic, car insurance premiums...

Han Ji-hyun Of SBD Entertainment, Wholly-Owned by Spackman Entertainment Group’s Associated Company, Spackman Media Group, Featured in Marie Claire’s Beauty Makeup Pictorial

Fashion magazine Marie Claire unveiled beauty makeup pictorial featuring Han Ji-hyun of SBD Entertainment, who starred in popular K-drama PENTHOUSEHan Ji-hyun of...

TECNO reveals how the highly anticipated TECNO CAMON 17 Pro measure against its competitors

HONG KONG SAR - Media OutReach - 14 May 2021 - Consumers nowadays are more than spoilt for choice, in fact, many people are...

Marco Polo Marine 1HFY2021 EBITDA More Than Triples to S$3.9 Million

First Half EBITDA surges 255% YoY to S$3.9m on the back of higher revenue and margin expansionPositive signs have emerged recently,...

First integrated green building cloud data platform launched in Hong Kong

iBEAM to assess 450,000 building and sustainable development project data every year HONG KONG SAR - Media OutReach - 13 May 2021 - BEAM Society...