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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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Coface Quarterly Barometer: US leads the global recovery, emerging economies lag behind

HONG KONG SAR - Media OutReach - 6 May 2021 - More than a year after the start of the pandemic, global...

Etiqa Launches AMBER – A Holistic Retirement Ecosystem That Supports Customers with Their Physical, Mental and Financial Health for Better Quality of Life

SINGAPORE - Media OutReach - 6 May 2021 - Today marks the launch of AMBER by Etiqa ("AMBER"), a retirement ecosystem by Etiqa Insurance...

Largest global survey analyzing healthcare leaders, Philips’ Future Health Index 2021 report reveals Singapore’s ambitions for digital transformation, but staff shortages and inexperience could...

Findings indicate that Singapore's healthcare leaders are prioritizing investment in artificial intelligence (AI) and are highly ambitious about shifting care delivery to...

Largest global survey analyzing healthcare leaders, Philips’ Future Health Index 2021 report reveals APAC’s ambitions for digital transformation, but staff shortages and inexperience could...

Findings indicate that APAC's healthcare leaders are championing predictive analytics, but staff's lack of experience with new technologies is impeding planning for...

Chubb report reveals the risk and uncertainty faced by small and mid-sized businesses as they increasingly conduct business digitally

SYDNEY, AUSTRALIA - Media OutReach - 6 May 2021 - Chubb has released a new report, "Digital Business Accelerated," which explores...

Trend Micro Announces Next Generation ICS Endpoint Security Solution

Specially designed to provide cybersecurity without interruption to ICS environments HONG KONG SAR - Media OutReach - 5 May 2021 - Trend Micro Incorporated...
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