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...

ESR selected as a constituent of Hang Seng Composite Index

HONG KONG SAR - Media OutReach - 1 March 2021 - ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the...

Dinokelulut introduces Malaysian stingless bee honey to combat the pandemic.

People are more health-conscious because of the global outbreak and stingless bee honey is one Superfood they’re embracing SINGAPORE - Media OutReach - 1 March...

Hong Kong Productivity Council Theme of the Year 2021: “Make Smart Smarter”

Smarter Era of Intelligent Manufacturing Launch CeremonyWitnesses New Milestone for Reindustrialisation in Hong Kong HONG...

Vivocom’s Group Game Changer – Multi-Billion Sand Project Secured

Initial contract worth RM3.79 billion for three yearsAspires to be a major industry player 'with exponential growth prospects' ...

REPORT CARD: LXML Achieves A+

Today Lane Xang Minerals Limited (LXML) Sepon Mine again upheld the A+ Rating from the Ministry of Energy and Mines. LXML has maintained the...

More Choice, More Variety for a New Lifestyle at 7-Eleven!

HONG KONG SAR - Media OutReach - 26 February 2021 - 7-Eleven has teamed ...