Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

MIMS celebrates 60 years of empowering healthcare communities

“Pioneering spirit” since 1963 continues with new markets, new app/website, new insights and more for 2023 and beyondSINGAPORE - Media OutReach - 24...

OCTO, new FinOps solution from Alphaus, to help businesses maximize ROI on their cloud usage

Designed for maximum cloud cost control and efficiency with smart visualization, intelligent allocation, and advanced analytics, the SaaS-based FinOps automation platform drives cloud cost...

LEE KUM KEE Flavour Express Embarks on a Flavourful Culinary Journey at THAIFEX

BANGKOK, THAILAND - Media OutReach - 23 May 2023 - Lee Kum Kee, the globally renowned brand of authentic Asian sauces and condiments,...

Enhanced integration in EcoStruxure™ solutions from Schneider Electric responds to rising energy costs and escalating urgency for sustainable, net-zero buildings

More open, flexible and simple integration to the largest portfolio of building systems and devices, including...

AWS Supports HSUHK to Establish Hong Kong’s First Cloud Innovation School

HONG KONG SAR - Media OutReach - 23 May 2023 - Amazon Web Services (AWS) today announced its support for The...

Enjoy The New Black! 7PREMIUM THE COFFEE BLACK Direct from Japan Launches Exclusively at 7-Eleven. Experience Its Unique “7 in 1” Blend of 7...

HONG KONG SAR - Media OutReach - 23 May 2023 - 7-Eleven is always looking for uniquely special items to delight its...