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...

Velocity Global acquires iWorkGlobal to accelerate remote work and global expansion platform; receives $100M growth investment from FFL Partners

Acquisition creates largest global Employer of Record in 185 countries and 50 United States DENVER and SAN FRANCISCO, US - News Direct - 7 April...

Arab Petroleum Investments Corporation (APICORP) Ups Net Income By 3% in 2020

Net income increased to USD115 mn despite fallout from COVID-19 pandemicBalance sheet grew by 7.5% to USD7.89 bnCorporate Banking and Treasury & Capital Markets...

Free Healthcare Webinar: Patient Journey & the Digital Twins

JOHANNESBURG, SOUTH AFRICA - Media OutReach - 6 April 2021 - Delivering high-quality care for patients starts by connecting data from admissions to...

Common Ground Launches On-Demand, Pay-As-You-Go Workplace Services

Corporate Flex Solution is Common Ground’s most flexible solution yet giving Malaysian businesses the ability to work near home, be more productive and save...

73% of Companies in Malaysia to Maintain or Increase Employment Headcount in 2021: Michael Page Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach - 6 April 2021 - Professional recruitment services firm Michael Page Malaysia launched the Talent...

JustCo Strengthens Asset-Light Strategy with Asia Green Signing in Singapore

Riding the wave of changing market dynamics, JustCo will manage the real estate space at Asia Green Singapore amidst heightened confidence amongst landlords towards...