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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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CIFI’s total profit grew by 28.7% to RMB11.9 billion in 2020

CIFI Group Announces 2020 Annual Results Total profit grew by 28.7% to RMB11.9 billion exceeding RMB10 billion for the first...

Hong Kong Gold Coast presents “Gold Coast ‘Digital’ Easter Egg Hunt 2021”

Egg Hunting at Gold Coast Hotel, Piazza and 50,000 sq.ft LawnHunt all the hidden Easter eggs and Win the fabulous prizesIncluding free hotel accommodationJoin...

Kerry Logistics Network Posts 30% Growth in Revenue　Core Net Profit Increased by 33%

HONG KONG SAR - Media OutReach - 25 March 2021 - Kerry Logistics Network Limited ('KLN', the 'Company' or together with...

CanAm’s Position as EB-5 Industry Leader Reaffirmed by Independent Audit

EB-5 regional center operator, CanAm Enterprises, continues to build on its track record of approved visas and repayment of capital. HONG KONG SAR - Media...

JY Grandmark’s 2020 contracted sales increase by 13.1% y-o-y to approximately RMB3,523.6 million

Manifest Advantage of "Eco-friendly and People-oriented Property" Contracted Sales Grow against the Market Trend Actively Expand...

New Advanced Energy Compact Power Factor Correction Module Enables Greater Power Efficiency for Wide Range of High-Voltage Applications

Next-generation module optimizes utilization of electrical power for medical devices, unmanned aerial and terranean vehicles and a wide range of industrial applications DENVER, COLORADO -...
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