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...

Version 6.2 of ONLYOFFICE provides enhanced security for collaboration between remote locations throughout China and the rest of Asia

RIGA, LATVIA - Media OutReach - 19 March 2021 - ONLYOFFICE version 6.2, a powerful open-source office suite, now incorporates online editors for text...

evian launches its first label-free, 100% recyclable, 100% recycled bottle*

SINGAPORE - Media OutReach - 19 March 2021 - evian announced the launch of its new bottle design with an engraved logo in Singapore,...

Sun Hung Kai & Co. (86.HK) Announces 2020 Annual Results

Profit Attributable to Owners of the Company up 22% to HK$2,547.7 million; Basic EPS up 23% to HK128.3 cents  Financial Highlights For the...

Chinachem Group makes HK$3.8 million matching donation for spinal cord injury relief following paraplegic’s epic climb of Nina Tower

HONG KONG SAR - Media OutReach - 18 March 2021 - New hope will soon be given to Hong Kong people with spinal cord...

Chinachem Group makes HK$3.8 million matching donation for spinal cord injury relief following paraplegic’s epic climb of Nina Tower

HONG KONG SAR - Media OutReach - 18 March 2021 - New hope will soon be given to Hong Kong people with spinal cord...

Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

SINGAPORE - Media OutReach - 18 March 2021 - Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT...