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...

Cityneon Raises S$235 Million; Well Positioned for Next Growth Chapter

The global experience entertainment company gets a S$235 million shot in the arm, closes its private fund raising in April 2021Investors both new and...

Sunlight Real Estate Investment Trust Operational Statistics for the Third Quarter of the Financial Year 2020/21

HONG KONG SAR - Media OutReach - 20 April 2021 - Henderson Sunlight Asset Management Limited (the "Manager"), as manager...

TuneCore Expands Operations into Southeast Asia, Spearheaded by Cyrus Chen

The leading digital music distribution service provider for independent artists worldwide continues its global expansion, making its debut in Southeast Asia BANGKOK, THAILAND - Media...

TuneCore Expands Global Operations into Southeast Asia Region, Spearheaded by Cyrus Chen

The leading digital music distribution service provider for independent artists worldwide continues its global expansion, making its debut in Southeast Asia JARKARTA, INDONESIA - Media...

Cyrus Chen Leads TuneCore’s Expansion Into Southeast Asia

The leading digital music distribution service provider for independent artists worldwide continues its global expansion, making its debut in Southeast Asia KUALA LUMPUR, MALAYSIA -...

TuneCore Marks Southeast Asia Expansion, Led by Cyrus Chen

The leading digital music distribution service provider for independent artists worldwide continues its global expansion, making its debut in Southeast Asia MANILA, PHILIPPINES - Media...