Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Teads Unveils Key Learnings on Attention Measurement Across 500+ Global Campaigns Totaling 120+ Years Of Consumer Attention

Teads Attention Program, approaching its one-year anniversary, fostered insights that spanned 20 countries, 120 advertisers and 2.5B+ impressions measured, delivering key insights and learnings...

Integrated Development The Reserve Residences by Far East Organization and Sino Group launches on 27 May 2023

Prices start from $2,300psf and S$1.11 million for a 1-bedroom apartment ...

Elevating Benchmarks to Enhance Malaysia’s Healthcare Ecosystem

Malaysia, aspiring to be the main cancer treatment hub in Asia, sets out to provide excellent cancer care services with advanced cancer screening innovations....

Indonesia’s Top Vitamin Gummy Brand Youvit Enters Malaysia Market

KUALA LUMPUR, MALAYSIA - Media OutReach - 25 May 2023 - Youvit, formulated in the United States, has become Indonesia’s number-one vitamin gummy...

Oi Wah recorded net profit of 86.1 million with improved net interest margin in FY2023

Proposed final dividend of HK$0.87 cents per shareHONG KONG SAR - Media OutReach - 24 May 2023 - The board of directors of...

IGC and Datang Wealth, a financial institution in the Mainland, to reach long-term strategic cooperation

Artificial intelligence trading technology turns to commercialization HONG KONG SAR - Media OutReach - 24 May 2023 - International Genius Company ("IGC"...