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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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Fujitsu and Trend Micro Demonstrate Solution to Secure Private 5G

Streamlined security for IoT devices and networks helps accelerate manufacturing digital transformation HONG KONG SAR - Media OutReach - 8 April 2021 - Fujitsu...

CUHK Business School Research Looks at the Risk of Establishing Strategic Corporate Alliances During Periods of Market Uncertainty

HONG KONG SAR - Media OutReach - 8 April 2021 - Whenever there is great uncertainty in the market, it is not...

Circles.Life Reveals its New No-Contract Family Plan in Singapore & Redefines What it Means to Be a Family

One plan, one bill and up to six SIM cards. The new plan gives power back to customers by letting them decide who they...

New Counterbalance Support Hinge from Southco Reduces Overall Solution Cost

HONG KONG SAR - Media OutReach - 8 April 2021 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global...

ESR to develop US$2bn+ multi-phase data centre campus near Osaka CBD, Japan

TOKYO, JAPAN / HONG KONG SAR - Media OutReach - 8 April 2021 - ESR Cayman Limited ("ESR" or the "Company", together with...

Asian Fund for Cancer Research Announces Inaugural BRACE Award Venture Competition Winner

Gastrointestinal Cancer Drug Developer Arbele Receives AFCR Investment Funding  HONG KONG SAR - Media OutReach - 8 April 2021 - Arbele has been selected...
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