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...

Twitter appoints new Vice President of JAPAC, unifying all revenue markets across the Asia Pacific region

Yu Sasamoto will succeed Maya Hari as she is promoted to lead Twitter’s Global Strategy and Operations SINGAPORE - Media OutReach - 22 April 2021...

Fossil Launches Pro-Planet Cactus Leather Tote Bags and Limited-Edition Solar Watch in Malaysia in Celebration of Earth Month

KUALA LUMPUR, MALAYSIA - Media OutReach - 22 April 2021 - As part of a continued commitment to sustainability, and in celebration of Earth...

Fossil Launches Pro-Planet Cactus Leather Tote Bags and Limited-Edition Solar Watch in Australia in Celebration of Earth Month

SYDNEY, AUSTRALIA - Media OutReach - 22 April 2021 - As part of a continued commitment to sustainability, and in celebration of Earth Month,...

Fossil Launches Pro-Planet Cactus Leather Tote Bags and Limited-Edition Solar Watch in Singapore in Celebration of Earth Month

SINGAPORE - Media OutReach - 22 April 2021 - As part of a continued commitment to sustainability, and in celebration of Earth Month, Fossil...

Japanese juice bar HONEY’S BAR opens the first outlet in Singapore

SINGAPORE - Media OutReach - 22 April 2021 - A new healthy and refreshing beverage option in town to quench your thirst and restore...

Galaxy International Convention Center Builds Award-Winning Foundation with Multiple Accolades Ahead of Opening

The Highly Anticipated Event Venue Becomes First in Macau to Receive Silver Certification for Environmental Design from Earthcheck  MACAU SAR -...