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...

Discover smarter home cleaning with ECOVACS ROBOTICS and Hyun Bin on Shopee in Indonesia

Shoppers can shop the new DEEBOT T9 and DEEBOT N8 PRO robot vacuums exclusively on Shopee at ECOVACS ROBOTICS Brand Day from 17 -...

VP Bank appoints Pamela Hsu Phua as CEO of VP Bank Asia and reinforces its com-mitment to expanding its Asian franchise

BEIJING, CHINA - Media OutReach - 15 April 2021 - VP Bank announces the appointment of Pamela Hsu Phua as CEO of VP...

VP Bank appoints Pamela Hsu Phua as CEO of VP Bank Asia and reinforces its commitment to expanding its Asian franchise

BEIJING, CHINA - Media OutReach - 15 April 2021 - VP Bank announces the appointment of Pamela Hsu Phua as CEO of VP...

Teledyne e2v Enables Cutting-Edge Many-Core Processors to Meet Aerospace Challenges

GRENOBLE, FRANCE - Media OutReach - 15 April 2021 - To satisfy demands from customers in the avionics and space sectors, Teledyne ...

GBG Recognised as Enterprise Fraud Category Leader in Chartis’ RiskTech Quadrant® 2021

Research and advisory firm, Chartis, classifies GBG as a Category Leader with strong market potential and completeness of offering for enterprise fraud solutions among...

Teledyne e2v Enables Cutting-Edge Many-Core Processors to Meet Defense & Aerospace Challenges

GRENOBLE, FRANCE - Media OutReach - 15 April 2021 - To satisfy demands from customers in the military, avionics and space sectors,...