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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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Cushman & Wakefield : Office Availability Rate to Rise and Rent to Drop Further throughout 2021

Retail Market Rebounded with 30% Sales Increment in February Highlights of Office Market:Citywide rents down 24.4% from the last peak in 1Q 2019Negative net absorption...

Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG

MUNICH, GERMANY - EQS Newswire - 12 April 2021 - Binance, the global blockchain company behind the world's largest digital asset exchange, today announces...

AXA launches “Free Double Post-Vaccination Protection” Programme

Eligible customers can enjoy additional hospital cash benefit against AEFINo prior registration required and free protection up to HKD20,000 ...

Strongest first quarter ever: Preliminary results of Deutsche Post DHL Group above market expectations

All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billionFree cash flow development continued positive ...

Fluxergy, Inc. Receives CE-IVD Marking for a One-Hour COVID-19 RT-PCR Test and Positions for European Market Entry

IRVINE, CA. - News Aktuell - 12 April 2021 - Fluxergy, Inc., a medical diagnostic testing platform company with a detection technology...

Qatar Airways Launches Ferry Transfer Service from Shenzhen Shekou to Hong Kong International Airport

Qatar Airways introduces Upstream Check-in Service in Shenzhen starting from 15 April 2021 to offer greater connectivity in the Greater Bay Area ...
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