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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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Avonisys AG wins patent litigation case against Synova SA

Swiss Federal Patent Court rules in favour of Avonisys AG in all relevant aspects and convicts Synova SA under the unfair competition act: Swiss...

Crowne Plaza Vientiane Launches Eco-friendly Packaging Initiative

Crowne Plaza Vientiane, an international five-star chain hotel of the Intercontinental Hotel Groups (IHG®), has officially launched one of its sustainability ambitions for a...

Beyond Meat® Opens World-Class Plant-Based Meat Manufacturing Facility in China to Accelerate Localized Production And Innovation

Beyond Meat becomes the first multinational company focused solely on plant-based meat production to open its own production facility in China SHANGHAI, CHINA - Media...

Digital Marketing Grew In Importance As The Top Digital Skill Needed For Business Viability In Post-Pandemic Era: NTUC LearningHub Survey

Digital Marketing skills have grown in importance as the top competency required for business viability, as voted by 50% of employers in...

APREA Expands Reach into Real Assets with Infrastructure Investments to Push Boundaries and Create New Opportunities in the Region

APREA's rebranding celebrates 16 years of long-term industry advocacy with re-found purpose in “Driving the Future of Real Assets” SINGAPORE - Media OutReach - 7...

Gogo Herbs Launches Various Eye Health Products to Deal with The Vision Crisis

HONG KONG SAR - Media OutReach - 7 April 2021 - Vision impairment has become a harsh problem nowadays, and the demand for...
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