Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Singapore Leaps to Top 10 Global Work Destinations List for the First Time Ever

COVID-19 is a key factor that has changed employees’ views on workforce mobility Four Asia-Pacific countries made the list in 2020, suggesting that employees...

CPA Australia: Hong Kong Small Businesses on the Brink as Confidence Slumps to Record Low

Hong Kong small businesses register lowest confidence on record in CPA Australia ...

ACUG’s strategic partnership with the physical industry enables digital upgrading of gold trading

HONG KONG SAR - Media OutReach - 22 March 2021 - Conventional cryptocurrencies have had a fair share of backlash in the first...

Still Trading in Extinction: Hong Kong’s Insatiable Demand for Exotic Wildlife – Dead or Alive, according to a report by ADM Capital Foundation

HONG KONG SAR - Media OutReach - 22 March 2021 - Amidst a global biodiversity crisis, Hong Kong authorities seized a record breaking...

Unlocking Hybrid Cloud Agility Solutions at Digital Transformation Webinar

JOHANNESBURG, SOUTH AFRICA - Media OutReach – 22 March 2021 - 2020 proved that the only constant is change — organisations were...

Microdium, a Leading Business Continuity Solution Distributor in Southeast Asia, Selects Comodo to Power Its Cybersecurity Solutions

CLIFTON, NJ - News Direct - 20 March 2021 - As a business continuity solution distributor, Microdium has seen numerous cases where...