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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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CFO Survey: China set to lead global post-pandemic recovery in 2021

Digital transformation, talent retention and development the top priorities for capturing new opportunities HONG KONG SAR - Media OutReach - 14 April 2021 -...

Expansion of CarePlus Clinics in Vietnam by A Consortium of Investors

Led by Reciprocus Financial Services in Singapore SINGAPORE - Media OutReach - 14 April 2021 - A consortium of investors, led by Reciprocus...

Quality lifestyle asks for more quality baby hampers – Give Gift Boutique helps children with special needs by supporting charitable activities

HONG KONG SAR - Media OutReach - 14 April 2021 - Despite the decline in Hong Kong's fertility rate, baby care products have...

Employment in Vietnam Recovers as 50% of Companies Increase Headcount in 2021: Michael Page Vietnam Survey

HO CHI MINH, VIETNAM - Media OutReach - 14 April 2021 - Professional recruitment services Michael Page...

Employment in Indonesia Recovers as 41% of Companies Increase Headcount in 2021: Michael Page Indonesia Survey

JAKARTA, INDONESIA - Media OutReach - 14 April 2021 - Professional recruitment services Michael Page Indonesia launched the Talent Trends 2021 Report, with a...

Coface report looks at China and Australia’s trade relationship

HONG KONG SAR - Media OutReach - 14 April 2021 - The China-Australia bilateral relationship deteriorated sharply over 2020, with China imposing both...
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