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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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La Belle Moi selects SYSPRO to improve accuracy of inventory, sales and distribution data

The ERP system will remove manual processes and enable efficiencies to digitalise La Belle Moi’s business MANILA, PHILIPPINES - Media OutReach - 29 April 2021...

Han Ji-hyun of SBD Entertainment, Wholly-Owned By Spackman Entertainment Group’s Associated Company, Spackman Media Group, Awarded Best Rookie Female Actor In The 2021 Brand...

Han Ji-hyun of SBD Entertainment, who starred in popular K-drama PENTHOUSE, won the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards...

Callsign survey reveals over half of consumers do not act on standard fraud warnings

Despite consumers' complacency, 94% still expect proactivity from the online companies or services they use when there is a risk of fraud HONG KONG SAR...

Stephen Chew acquires NextLifeBook – A Company Offering Free Digital Memories, Will Generator, to Further Strengthen His Group of Business.

SINGAPORE - Media OutReach - 29 April 2021 - Stephen Chew, founder of Summit Planners has acquired a startup, NextLifeBook to further strengthen his...

This Ramadan, UNHCR calls for solidarity with those hit hardest by the global pandemic

HONG KONG SAR - Media OutReach - 29 April 2021 - As the Islamic world enters the holy month of Ramadan, UNHCR,...

HDBank keeps raising its performance bar

HO CHI MINH CITY, VIETNAM - Media OutReach - 28 April 2021 - This is the first year of a five-year plan for HDBank...
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