Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Student-designed AI and AR-powered glasses for hard-of-hearing individuals and IoT-driven battery monitoring system win top accolades in Samsung Solve for Tomorrow Competition

A Samsung poll shows that more needs to be done to build up Gen Z’s confidence and skills to succeed in the digital...

The Club teams up with Asia’s leading dining platform Chope

Earn Clubpoints with every fulfilled booking and save up to 30% at designated restaurants Hong Kong SAR - Media OutReach -...

Only 6 in 10 Singapore residents are optimistic about staying healthy till old age

Lack of confidence stems from increase in prevalence of chronic diseases; incentives and proactive approach are crucial in building a healthier Singapore ...

CÉ LA VI Singapore Honours Pride Month with GLAM BASH and SLASSY

SINGAPORE - Media OutReach - 23 May 2023 - CÉ LA VI Singapore is poised to enliven the city's nightlife this Pride...

Newman Capital Invests in Web3 Gaming Wallet Infrastructure Startup Openfort

HONG KONG SAR - Media OutReach - 23 May 2023 - Newman Capital is proud to announce its investment in Openfort, a cutting-edge...