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...

Hang Lung Publishes Sustainability Reports 2020

Furthering our Commitment to Sustainability with Demonstrated Resilience under the Pandemic HONG KONG SAR - Media OutReach - 13 May 2021 - Hang Lung Group...

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO:...

Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises

Positioned as a Leader for Fifth Year in a Row Based on Completeness of Vision and Ability to Execute SINGAPORE - Media OutReach -...

DHL Global Forwarding opens new direct China-United Kingdom multimodal link

New rail-sea freight service will connect businesses in China with customers in the UK, and vice versa, in 18 to 20 daysGoods departing...

Summit Ascent Selected for Inclusion in the MSCI Hong Kong Micro Cap Index

HONG KONG SAR - Media OutReach - 12 May 2021 - Summit Ascent Holdings Limited ("Summit Ascent", the "Group" or the "Company", HKEx: 102)...

GROUNDWORK BIOAG RAISES $11 MILLION TO ADVANCE BIOAGRICULTURE GLOBALLY

MAZOR, ISRAEL - Groundwork BioAg - 12 May 2021 - Accelerating Production Capacity to Meet Demand for Regenerative Agriculture ProductsServing One Million Acres (400...