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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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Viet Nam National University Ho Chi Minh City aims at becoming nucleus of Ho Chi Minh City’s innovative eastern urban area

HO CHI MINH CITY, VIETNAM - Media OutReach - 18 March 2021 - The HCM City People's Committee has recognised the Việt Nam...

With Spot Wave, NetApp Helps Organisations Drive Down Infrastructure Cost and Complexity for Big Data Applications on Kubernetes

Spot Wave allows organisations to focus on developing data applications, by providing a serverless infrastructure for running Apache Spark applications on Kubernetes SINGAPORE - Media...

Chairman Chen Zhi Donates US$3M to Fight Covid-19, Leading the Way for Anti-Pandemic Initiatives Across Prince Group in Cambodia

Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak Phnom Penh, Cambodia - Media...

Eliminate Hesitations: Security Simplified for Those Building In The Cloud

Trend Micro is one of the first security SaaS providers to offer flexible platform of cloud security services under single listing in AWS Marketplace,...

China Lilang Announces 2020 Annual Results

Revenue at RMB2,681 Million Net Profit at RMB557 Million Total Dividend for the Year at HK44 Cents Per Share HONG KONG...

The Lung Fung Mall is launching a selection of limited-edition items for Japanese Sakura festival 2021

Pop-up event: More than 3000 gift packs and $500 cash vouchers for online shopping will be given away HONG KONG SAR - Media OutReach -...
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