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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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Johnson Electric reports results for the year ended 31 March 2021

Highlights of FY2020/21 Results For the financial year ended 31 March 2021, total sales amounted to US$3,156 million – an increase of 3% compared...

Airwallex secures EMI licence in the Netherlands

AMSTERDAM, NETHERLANDS / LONDON, UNITED KINGDOM - Media OutReach - 12 May 2021 - Airwallex, a leading global payments platform, is...

NetApp transforms Unified Partner Program to differentiate and position partners for success and increased profitability

New enhancements are designed to help NetApp's partner ecosystem capitalize on market changes resulting from accelerated digital transformation to the cloud  SINGAPORE - Media...

Razer Becomes a Constituent of the MSCI Global Small Cap Indexes

HONG KONG SAR - Media OutReach - 12 May 2021 - Razer™ ("Razer" or the "Company", together with its subsidiaries, the "Group", Hong Kong...

Singapore Brands Lag in Winning Hearts of Consumers as Customer Experiences Fall Short of Expectations

SINGAPORE - Media OutReach - 12 May 2021 - Instead of bringing businesses closer to their customers, Singapore's digital pivot last year...

DHL Global Forwarding, Freight: myDHLi boosts online bookings by 56%

Digital customer platform myDHLi now also includes road transport via DHL FreightNew features and functionalities presented at the first myDHLi Digital Summit hosted by...
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