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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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China Dongxiang Announces Operational Results for Q4 and Twelve Months of FY2020/21

The Retail Performance for the Overall Platform Registered a Mid-Sixties Growth yoy in Q4 Same-Store-Sales Grew by High-Single-Digit yoy...

Fortinet Advises Macau Organizations to Step Up Cybersecurity on Three Fronts

MACAU - Media OutReach - 20 April 2021 - COVID-19 has been a catalyst for faster digital transformation across all sectors. As...

DFA Hong Kong Young Design Talent Award 2021 Applications Now Open until 28 June

Bringing Hong Kong Young Designers to the Global Stage with Immersive Work or Study Experiences Abroad HONG KONG SAR - Media OutReach - 20 April...

Far East Hospitality rides on first quarter’s momentum for regional expansion

Signs Strategic Alliance Agreement with ARTOTEL Group in IndonesiaOpens second Village property in Yokohama, Japan SINGAPORE - Media OutReach -...

CPA Australia: Dynamic Filipino small businesses may be weighed down by financing difficulties

Filipino small businesses made greater use of digital technologies in 2020.Difficulty accessing finance may act as a brake on small business growth in 2021.A...

XA Network expands and appoints senior advisory board, as Southeast Asia digital economy races ahead

Community: XA Network is the leading tech executives' investment network with members from a wide range of technology companies including Alibaba, Gojek,...
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