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...

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

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

Check out the New-Look 7-Eleven x Carlsberg Crossover Themed Store in Discovery Bay

Play a brand-new interactive game to win exclusive prizes and get limited-edition freebies when you buy selected Carlsberg beer products! HONG KONG SAR - Media...

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

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

SUSE Appoints First Chief Technology Officer for Asia-Pacific and Japan and Greater China regions

SINGAPORE - Media OutReach - 21 April 2021 - SUSE®, a global leader in innovative, reliable and enterprise-grade open source solutions, today...

Exceptional Attack Protection Proven in Rigorous MITRE Engenuity ATT&CK® Evaluations

Trend Micro’s flagship threat detection and response platform proves its advantages in sophisticated simulations HONG KONG SAR - Media OutReach - 21 April 2021 ...

Samsonite Unveils Sustainable ‘Magnum Eco’ Luggage Collection

HONG KONG SAR - Media OutReach - 21 April 2021 - On Earth Day (April 22), Samsonite is launching Magnum Eco − a...