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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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NCS to offer new big data and mobility intelligence services through integration of DataSpark

Integration expands NCS’ NEXT service offerings in end-to-end advanced analytics and big data to support its Asia-Pacific growth strategy SINGAPORE - Media OutReach - 1...

Tanoto Foundation Contributed IDR157 Billion in Programs and Aid in 2020 to Improve Indonesia’s Human Capital Development Index: Annual Report

JAKARTA, INDONESIA - Media OutReach - 1 April 2021 - Tanoto Foundation, an independent family philanthropy organization founded by Sukanto Tanoto and...

Maruhan Japan Bank Lao Officially Launches VIP Banking Service

On March 30th, Maruhan Japan Bank Lao officially unveiled their VIP Banking service in the presence of government officials, diplomats, business partners, and VIP...

StatsBomb Sign Multi-Year Agreement with Liverpool FC

LONDON, UK - Media OutReach - 1 April 2021 - StatsBomb, the fast growing football data company, has signed a multi-year deal with English...

GS1 celebrates 50 years of digitalisation in commerce and calls for collaboration towards next-generation barcodes

The GTIN – the number behind the barcode – was developed 50 years ago and transformed the global economy HONG KONG SAR - Media OutReach...

DHL Express uncovers next wave of E-commerce growth

Whitepaper predicts online B2B increase of more than 70% by 2027 to US$ 20.9 trillion (2019: US$ 12.2 trillion)Covid-19 pandemic drives digital ...
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