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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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ESR delivers strong financial performance in FY2020 and hits US$30 billion in AUM a year ahead of schedule

AUM grew by 35.3% to an all-time high of US$30 billionRecord capital raising with seven new funds raising US$3.5 billion across...

SDG Academy Indonesia launches its Mobile Learning and Leadership Programmes

JAKARTA, INDONESIA - Media OutReach - 25 March 2021 - The SDG Academy Indonesia, a collaborative platform between the United Nations Development Programme (UNDP),...

MineCity: The Community Dream Chaser concluded with huge success

Projects enlighten youngsters to creatively rejuvenate local community HONG KONG SAR - Media OutReach - 25 March - The "MineCity" project, organised by Breakthrough and...

MineCity: The Community Dream Chaser concluded with huge success；Projects enlighten youngsters to creatively rejuvenate local community

HONG KONG SAR - Media OutReach - 25 March 2021 - The "MineCity" project, organised by Breakthrough and fully supported by Zurich Insurance (Hong...

China Dynamics to Provide Not Less Than 500 Electric Vehicles in Philippines and Malaysia

Strengthens Foothold in Southeast Asia Market HONG KONG SAR - Media OutReach - 25 March 2021 - China Dynamics (Holdings) Limited (the...

Spackman Entertainment Group’s Musical Film THE BOX, Starring Exo’s Chanyeol, Opens #1 At The Korean Box Office

THE BOX is the latest film production of the Company's wholly‐owned subsidiary, Studio Take, founded by veteran movie producer, Song Dae‐chanTHE BOX...
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