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...

2021 Starry Taitung Night 2.0 towards Sustainable Economy

TAITUNG, TAIWAN - Media OutReach - 19 April 2021 - The Starry Taitung Night Concert has made huge strides this year. This event is...

Microsoft announces plans to establish its first datacenter region in Malaysia as part of “Bersama Malaysia” initiative to support inclusive economic growth

“Bersama Malaysia” includes a commitment to skill an additional 1 million Malaysians by end of 2023, collaboration across public and private sectors and formation...

Statement on the discussion about the intended introduction of the Super League

DORTMUND, GERMANY - EQS Newswire - 19 April 2021 - Borussia Dortmund GmbH & Co. KGaA comments on the discussion about the intended...

Dachser Shanghai is recognized as CEIV Pharma Certified by IATA

Certification ensures compliance on an international standard to safeguard pharmaceutical product integrity throughout the transport processThe logistics service provider is now certified...

Pearl FALCO Kicks Off The Grand Prix of Akoya Pearl Jewellery 2021, Themed ‘Connection’

SINGAPORE - Media OutReach - 19 April 2021 - Pearl FALCO announces the 4th edition of The Grand Prix of Akoya Pearl Jewellery,...

M1 Spearheads the ‘Be’ Campaign, Redefining the New Normal in Singapore with Fibre Broadband Plans & WFH Solutions

As Singapore’s first digital network operator, M1 has kept its promise to deliver an excellent network experience in Singapore. Prompted by the monumental shift...