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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...
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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...
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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...
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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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PrimaDollar to focus on supply chain trade finance and larger clients, MODIFI acquires its SME export trade finance business

PrimaDollar today announces that its business will, from now on, be wholly focused around its increasingly successful supply chain trade finance technology...

KINOKUNIYA, renowned supermarket chain in Japan, launches its 1st Pop-up Stores in Singapore

Presenting a curated selection of popular, authentic produce air flown from Japan In 1953, KINOKUNIYA pioneered the first "self-service supermarket" in Aoyama, Tokyo,...

Senoko Energy Cooks Up Exclusive Rewards With MasterChef Singapore And Gives Back To Local Home-Based F&B Entreprenuers

Senoko Energy puts its support behind home cooking in a partnership with MasterChef Singapore SINGAPORE - Media OutReach - 24 February 2021 - Kick off...

Lao Food Festival Promotes Food and Culture of Laos

The Lao Food Festival 2021 held in Vientiane Capital is being held this week to promote the food and culture of Laos. Vendors are happy...

NTUC LearningHub Unveils Singapore’s Largest Subscription-Based Online Learning Platform — LHUB GO Infinity — Which Offers Learners Affordable Access to Over 75,000 On-Demand Courses

SINGAPORE - Media OutReach - 24 February 2021 - NTUC LearningHub (NTUC LHUB) today announced the launch of LHUB GO Infinity, ...

DHL Global Forwarding ships COVID-19 vaccines weekly as Australia rolls out vaccination program

Delivery will take place on a weekly basis further to the first successful delivery on February 15 Marks expansion...
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