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...

Life Insurance Association, Singapore: Industry response to Position Statement on Integrated Shield Plans (IPs) by the Singapore Medical Association (SMA): Focus needs to be...

SINGAPORE - Media OutReach - 31 March 2021 - Integrated Shield Plans (IPs) impact most Singaporeans and IP insurers have been implementing...

TUMI unveils premium capsule luggage and travel collection inspired by McLaren

HONG KONG SAR - Media OutReach - 31 March 2021 - TUMI, the leading international travel and lifestyle brand, today unveils its...

CPA Australia: Taiwanese small businesses resilient and digital breakthrough expected

Taiwanese small businesses were less impacted by COVID-19 than other Asia-Pacific markets.Fifty-six per cent of Taiwan's small businesses expect to grow in 2021,...

Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication

ADDIS ABABA/SINGAPORE/ZURICH - Media OutReach - 31 March 2021 - The Fintech News Network is pleased to announce the launch of our...

Close to 6 million people across Asia Pacific acquire digital skills during COVID-19

Microsoft and LinkedIn launch next stage to help job seekers and employers move to a skills-based economy SINGAPORE - Media OutReach - 31 March 2021...

Madame Tussauds Singapore launches a new Marvel Universe 4D film

SINGAPORE - Media OutReach - 31 March 2021 - Feel the power of your favorite Marvel Super Heroes in Madame Tussauds Singapore NEW...