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...

Viet Nam National University Ho Chi Minh city researchers make COVID-19 prevention, control products

HANOI, VIETNAM - Media OutReach - 2 April 2021 - Students and scientists at the Viet Nam National University Ho Chi Minh City...

ECOVACS ROBOTICS Introduces the DEEBOT N8 PRO In Malaysia to Provide Hands-free and Effective Home Cleaning Experience

The powerful robot vacuum DEEBOT N8 PRO delivers a more powerful, worry-free and automated cleaning experience  KUALA LUMPUR, MALAYSIA - Media OutReach - 1...

ECOVACS ROBOTICS Introduces 9-in-1 DEEBOT T9 In Malaysia – Our Best DEEBOT Just Got Better!

“The Best Just Got Better" with the first robotic vacuum cleaners in the market to combine upgraded vacuuming and mopping capabilities in one go KUALA...

China Mobile Hong Kong Triumphs As Hong Kong’s Fastest 5G Network

Fastest Network Becomes The Best Digital Companion for Corporate Clients and Individual Consumers HONG KONG SAR - Media OutReach - 1 April 2021 -...

Atradius: Israel-UAE economic cooperation expected to intensify, despite challenges

Atradius’ latest report analyses mutual trade opportunities following the normalisation of diplomatic and trade relations between Israel and the United Arab Emirates, assessing the...

Hong Kong Baptist University-led research reveals hyocholic acids are promising agents for diabetes prediction and treatment

HONG KONG SAR - Media OutReach - 1 April 2021 - A series of studies led by researchers from Hong Kong Baptist...