Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

AIA Group establishes AIA Variable Capital Company in Singapore

SINGAPORE - Media OutReach - 9 April 2021 - AIA Group Limited ("AIA" or the "Company": stock code: 1299) has established AIA ...

VinBus Officially Operates The First Smart Electric Bus In Vietnam

HANOI, VIETNAM - Media OutReach - 9 April 2021 - On April 08th, 2021, VinBus Ecology Transport Services Limited Liability Company officially...

Agnei Iberico Stars in the Spanish Luxury Lamb Days in Hong Kong

HONG KONG SAR - Media OutReach - 9 April 2021 - The Spanish Interprofessional Sheep and Goat Meat Organization, through its European...

Edison Investment Research: Doctor Care Anywhere Group (DOC): Initiation – DOC from home

LONDON, UK - EQS Newswire - 9 April 2021 - Doctor Care Anywhere (DOC) is a fast-growing telehealth company focused on the...

Double Win for BR Metals – Third Ranking in Singapore’s Enterprise 50 Awards 2021 and Top 500 High-Growth Companies Asia-Pacific 2021 by The Financial...

SINGAPORE - Media OutReach - 8 April 2021 - BR Metals, a leading specialist in precious metals recycling, receives 2 acclaimed business...

CIFI’s contracted sales grew by 157% year-on-year to RMB26.00 billion in March 2021

HONG KONG SAR - Media OutReach - 8 April 2021 -In March 2021, the Group achieved contracted sales of approx. RMB26.00 billion, representing...