Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Joint News Release By Singapore Police Force And Shopee Singapore

Joint Advisory On Fake Online Job Scams Impersonating ShopeeSINGAPORE - Media OutReach - 24 May 2023 - The Police would...

DirectAsia Singapore Simplifies Travel Insurance: Comprehensive Coverage for School Holiday Trips Available

Tailored coverage solutions enhance peace of mind for families as overseas school holiday travel returns to the foreSINGAPORE - Media OutReach - 24...

BingX lists Refundcoin (RFD) and zkApes (ZAT) Coins On Spot Trading Platform

SINGAPORE - Media OutReach - 24 May 2023 - BingX, a...

NTT Announces Next Generation Platform for Managed Network Services

SPEKTRA leverages the most advanced AIOps and automation for improved operational efficiency and a better customer experience HONG KONG SAR...

The Boundless Hackathon at Stanford, an event co-hosted by the Stanford Blockchain Accelerator, Zebec Protocol, Nautilus Chain, and Rootz Labs, has officially launched

NEW YORK, US - Media OutReach - 24 May 2023 - Aimed at incubating high-quality developers and projects, the Boundless Hackathon at Stanford,...

Atome partners with Amazon to offer deferred payment option during checkout in Singapore

SINGAPORE - Media OutReach - 24 May 2023 - Atome, Southeast Asia’s leading buy-now-pay-later (BNPL) platform, has today announced that its flexible...