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...

AXA becomes the first insurer to join Green Monday ESG Coalition

HONG KONG SAR - Media OutReach - 22 April 2021 - AXA Hong Kong and Macau ("AXA") is proud to be the first...

Reckitt, Makers of Dettol, Partners with Hilton Hotels in Hong Kong for Hilton CleanStay Programme to Ensure Enhanced Levels of Hygiene for Guests

HONG KONG SAR - Media OutReach - 22 April 2021 - In its partnership with a hospitality group, Dettol maker, Reckitt (previously...

Strong Vision towards Carbon Neutrality Brings NEFIN and Mondelēz International Together

3,060 state-of-the-art solar panels to be installed on rooftop of Mondelēz Thailand plant  BANGKOK, THAILAND & HONG KONG SAR - Media OutReach - 22...

Han Ji-hyun Of SBD Entertainment, Wholly-Owned by Spackman Entertainment Group’s Associated Company, Spackman Media Group, Featured in W Korea Magazine for Luxury Brand Gucci

Han Ji-hyun of SBD Entertainment featured alongside Lee Young-dae as their roles as twins from popular K-drama PENTHOUSE in the May edition of W...

CPA Australia: One-third of Indian small businesses turn to technology to combat COVID-19

Indian small businesses are more confident than their Asia-Pacific counterparts.Investment in technology helped combat the impact of COVID-19 and increase profitability.Nearly two-thirds...

Blue Cross launches brand-new LovePet Outpatient Insurance

Market-first flexible and cost-saving “Sharing Plan” covers up to 3 insured pets  HONG KONG SAR - Media OutReach - 22 April 2021 - For...