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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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CPA Australia: Strong customer focus leads to speedy recovery for Indonesian small businesses

COVID-19 the biggest challenge confronting Indonesian small businesses in 2020.Established e-commerce and online delivery services helped businesses shift online quickly.Seventy-six per cent...

Online Florist M FLORIST Takes Flower Arrangement to a New Height

Dishing Out Lifelike Flower Cake and Pop Art Bouquets in New Birthday Collection HONG KONG SAR - Media OutReach - 30 March 2021 -...

Effective April 1, 2021: itelligence | NTT DATA Business Solutions will operate as NTT DATA Business Solutions

Rebranding as NTT DATA Business Solutions is part of NTT DATA’s global growth initiative BIELEFELD, GERMANY - News aktuell - 30 March 2021 - ...

Hung Fook Tong Announces 2020 Annual Results

Gross Profit Margin Rises to 63.7%Profit attributable to owners of the Company Up 524.6% Year-on-YearFinancial Highlights(HK$'000)For the year ended 31 December20202019ChangeRevenue702,473775,789-9.5%Gross profit447,820488,705-8.4%Gross profit margin63.7%63.0%+0.7pptProfit...

Asia Pacific Real Estate Investment Volumes Forecast to Hit USD165 Billion in 2021

Growing volumes of international capital chasing China’s logistics, business parks and data center assets HONG KONG SAR - Media OutReach - 29 March 2021 -...

VinFuture has had more than 500 official nominators from 36 countries

HANOI, VIETNAM - Media OutReach - 29 March 2021 – The VinFuture Foundation announces that over 500 prominent scientists, universities, and recognized...
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