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

HONG KONG SAR - Media OutReach - 22 April 2021 - As part of a continued commitment to sustainability, and in celebration of...

Arlo Essential Indoor Camera with Automated Privacy Shield for Added Peace of Mind Now Availavle in Singapore

Award-winning solution gives users the power to decide when their camera is monitoring a room and recording  SINGAPORE - Media OutReach - 22 April...

Phu Quoc United Center – Vingroup’s super tourism-resort-entertainment complex officially launched

HANOI, VIETNAM - Media OutReach - 21 April 2021 - On April 21st, Vingroup officially opens Phu Quoc United Center – the brand new...

ASMPT Announces 2021 First Quarter Results

Record Bookings of US$1.01 Billion in Q1 2021 Backed By Broad-Based Demand Highlights(in HK$ million)Q1 2021QoQYoYBookings17,827.6(US$1.01 billion )+86.4%+73.4%Revenue14,336.9(US$559.3 million)+0.6%+45.6%Gross Margin1, 2 (%)39.6%+412 bps+268 bpsNet Profit1,...

SHOPFEVER – Well-Established Integrated Solution to Tap into China’s Core Ecommerce Platforms

Oversea Natural Beauty Brands Shines A Spotlight in the China Market JERUSEALEM, ISRAEL & WARSAW, POLAND - Media OutReach - 21 April 2021 - Mobfever,...

Cisco Webex Innovation Breaks Through Language Barriers with Real-Time Translation for More Inclusive Meeting Experiences in Vietnam

News Summary:Webex customers can preview real-time translations from English into 100+ languages including VietnameseWebex AI-powered, real-time translation drives more inclusive collaboration through...
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