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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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DEUTZ AG: High hopes for 2021 following a successful start to the year for DEUTZ

Significant new order growth; orders on hand up by around 48 percent year on yearStrong improvement in profitability and free cash flowFurther progress with...

Over 150 new Rewards are now available on the yuu App. Redeem amazing Rewards for as little as 400 yuu Points and link your...

HONG KONG SAR - Media OutReach - 6 May 2021 - A new selection of exclusive member Rewards from yuu, Hong Kong's biggest Rewards...

Alibaba Printing Continues To Dominate The Printing Industry With Sticker Printing Service

SINGAPORE - Media OutReach - 6 May 2021 - Alibaba Printing is an established marketing company in Singapore that offers the most reliable flyer...

CUHK Business School Research Finds FinTech Innovations Can Enhance the Stability and Profitability of Financial Institutions in Emerging Markets

HONG KONG SAR - Media OutReach - 6 May 2021 - The rapid development of financial technology, also known as FinTech, in recent years...

Driving Competitiveness by Closing Skills Gaps – Over Half of Employers Need External Help

75% of employers see the importance of carrying out regular training needs analysis for their workforce to drive the competitiveness of their...

Covid, Cyber, Compliance and ESG top risk concerns for financial services sector: Allianz

New AGCS report identifies key risks and loss trends for the financial services sector.Covid-19 may drive market corrections and insolvencies – which could impact...
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