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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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Customer Confidence Strengthened: Dachser Is Satisfied with the Year’s Results

Virtually no dip in company revenue in 2020, the year blighted by Covid-19, with the strong second half offsetting the impact of the European...

Zhejiang New Century Hotel Shareholders Approve Privatization

First Acceptance of the H Share Offer Closes on 19 April 2021 HONG KONG SAR - Media OutReach - 14 April 2021 - Zhejiang...

Singapore Employees Lack Retirement Support From Companies While Financial Wellbeing Becomes a Top Priority: Aon Survey

SINGAPORE - Media OutReach - 14 April 2021 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of...

New entrant AECO Energy launches business innovation to deliver ‘last mile of value chain’ to Singapore’s maturing open electricity market

AECO Energy announces the launch of its operations in Singapore to provide innovation to the open electricity market for businesses with generation...

China Dynamics Enters into MOU to Create Exclusive Distribution Network in the Americas

Promotes Electromobility Towards the Goal of a Greener Environment HONG KONG SAR - Media OutReach - 13 April 2021 - China Dynamics (Holdings) Limited...

Next Meats, Purveyor of the World’s First Plant-based Yakiniku Meats, Is Now in Singapore

The Tokyo-based startup makes its debut in the alt-protein hotspot of Singapore Next Meats has collaborated with Aburi-EN to deliver two new meal setsMade...
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