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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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Huntkey Releases 20W Mini PD Charger

SHENZHEN, CHINA - Media OutReach - 24 March 2021 - Huntkey, a leading provider of power solutions, has recently released its new smart phone...

Allianz: Companies Need to Prepare for More Political Disturbances and Violence Ahead

Significant increase in the number of riots, demonstrations and vandalism, as terrorism events decline, means civil unrest is now the main political risk exposure...

SUMMIT ASCENT HOLDINGS LIMITED REPORTS 2H & ANNUAL 2020 RESULTS

SUNCITY BECAME SUMMIT ASCENT’S PARENT COMPANY TdC ADJUSTED EBITDA TURNED POSITIVE IN 2H 2020 AS A RESULT OF SOLID LOCAL RUSSIAN BUSINESSES IN MASS...

Government Work Report to Promote the Steady Development of Real Estate Market

Cushman & Wakefield Releases Interpretation of Real Estate Policies in the 2021 China Government Work Report BEIJING, CHINA - Media OutReach - 23 March...

Singapore-listed GP Industries announces GP Batteries’ achievement of Gold ZWTL Validation for first plant in Malaysia

HONG KONG SAR - Media OutReach - 23 March 2021 - GP Industries Limited ("GP Industries") is pleased to announce that its ...

Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal

AMSTERDAM, THE NETHERLANDS - EQS Newswire - 23 March 2021 - Further to the notice released on 16 February 2021 pursuant to which...
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