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...

Step into CASIO’s new flagship store in ION Orchard with brand new concept

Completed with a unique centerpiece by international artist Jahan Loh, “Five Tiger Generals (2019)” represents the cultural bonds of contemporary art and CASIO’s spirit...

1,389 nominations for the third season of the Vinfuture Prize

HANOI, VIETNAM - Media OutReach - 22 May 2023 - The nomination portal for the 2023 VinFuture Prize...

First Cambodian American Mayor in the US Visits Prince Horology to Observe Swiss-Style Watchmaking in Cambodia

PHNOM PENH, CAMBODIA - Media OutReach - 22 May 2023 - Prince Horology had the honor of hosting...

Lao Brewery Company Ltd. Rallies Support for Athletes at SEA Games

Thanks to the encouragement from their fellow countrymen and women, Lao athletes have won more medals than expected at the 32nd Southeast Asian (SEA)...

Innolux to Showcase High-Value, Cross-Domain, Sustainable Products and Technologies at SID Display Week 2023

MIAOLI, TAIWAN - Media OutReach - 22 May 2023 - Innolux is set to attend the SID Display Week 2023 (Booth# 313) in...

Telecoming attends Telecoms World Middle East consolidating its expansion in the region

The company will share its sportech proposal in the region for the coming years to different stakeholders and partnersDUBAI, UNITED ARAB EMIRATES - EQS...