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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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Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

Continued capital expenditure aims to boost production and support the recovery of Indonesian economyLoan agreements aligned with Indonesian Government's strategy to drive...

Philippines’ new law cuts corporate tax, improves fiscal incentives system

Benefits for Japanese investors highlighted MANILA, PHILIPPINES - Media OutReach - 12 April 2021 - The Philippines has enacted a landmark law that cuts...

Chubb launches “Chubb LifeBalance” in Korea, a 360 degree personalised Health and Well-being App

SEOUL, SOUTH KOREA - Media OutReach - 12 April 2021 - Chubb today announced its release of "Chubb LifeBalance" in Korea,...

Delphos International and YW Capital Agree Strategic Partnership

WASHINGTON D.C., USA AND JOHANNESBURG, SOUTH AFRICA - Media OutReach - 12 April 2021 - Delphos International (Delphos) today agreed a strategic partnership ...

Hong Kong Photo Contest 2020 Winners Announcement

Organized by National Geographic Magazine Chinese Edition, Presented by Wheelock  HONG KONG SAR - Media OutReach - 9 April 2021 - A picture speaks...

“Ear Up Incubation” helps 12 local groups to four awards at the “Ear Up Music Festival”

HONG KONG SAR - Media OutReach - 9 April 2021 - Now in its fourth year, the "Ear Up Incubation" music mentorship...
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