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...

Smart Factory Cyber Attacks Knock Out Production for Days

Trend Micro research reveals lack of IT-OT collaboration is holding back security projects HONG KONG SAR - Media OutReach - 30 March 2021 -...

GEODIS recognized as Core Carrier of Arkema China in Asia-Pacific

LEVALLOIS, PERRET - Media OutReach - 30 March 2021 - At the 2021 Arkema China Carrier Annual Conference held in Shanghai,...

AXA launches AXA SmartHome Plus eVoucher

Leveraging insurtech to innovate home insurance usage and distribution channelRaising awareness and reach of home protection ...

TeamViewer AG: TeamViewer to enter landmark partnership with Mercedes-AMG Petronas F1 Team and Mercedes-EQ Formula E Team

Five-year partnership as key pillar of TeamViewer's strategy to build a truly global tech brandTeamViewer to transfer ...

YouTrip Launches $100 Referral Rewards with Continued Growth in Overseas E-commerce

SINGAPORE - Media OutReach - 30 March 2021 - YouTrip, Singapore's leading multi-currency mobile wallet, is rolling out its biggest user referral...

Suncity Group Holdings Limited Reports Annual 2020 Results

Suncity Profit Turned PositiveTdC Adjusted EBITDA Turned Positive In 2H 2020 As A Result OfSolid Local Russian Businesses In Mass & Electronic...