Business

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt risks and reduce pressure on foreign-currency reserves and the Lao kip. Under a new Bank of Laos decision issued in August, individuals and companies must obtain central bank approval before taking certain loans, guarantees, trade credits...

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...

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...

A New Vision: ‘Elevating the Everyday’ with Nina Hospitality

The uplifted brand introduces bespoke experiences that provide cosy comfort and hospitality excellence for locals and travellers alike #NinaLife HONG KONG SAR - Media...

The Economist Group and The Nippon Foundation launch a new initiative to promote ocean health

TOKYO, JAPAN - Media OutReach - 3 March 2021 - Back to Blue, a new initiative from The Economist Group and The...

New shorter-term and micro-insurance products enter Singapore to combat increased risk aversion: Aon Global Market Insights Report

SINGAPORE - Media OutReach - 3 March 2021 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range...

Cordlife launches OptiQ: A first-of-its-kind corneal lenticule banking service in Singapore

SINGAPORE - Media OutReach - 3 March 2021 - Cordlife Group Limited, a consumer healthcare company announced today that the Ministry of Health...

Habitap Accelerates Growth with Expansion into Philippines

SINGAPORE - Media OutReach - 3 March 2021 - Habitap, Asia's first fully integrated smart living management system, has officially launched...