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...

Detected Cyber Threats Rose 20% to Exceed 62.6 Billion in 2020

Trend Micro’s annual roundup report can guide strategic security planning for the new year HONG KONG SAR - Media OutReach - 24 February 2021 -...

Qualtrics study reveals employee engagement in Thailand exceeds global average

Annual report finds top engagement drivers shifted significantly during 2020 BANGKOK, THAILAND - Media OutReach - 24 February 2021 - New research released today...

Hunter Fan Company Debuts Industrial Fan Line for Malaysia

Inventor of Ceiling Fan Expands HVLS Product Offerings for International Market Needs NASHVILLE, TENNESSEE - Media OutReach - 24 February 2021 - Hunter Industrial...

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

Delivery will take place on a weekly basis further to the first successful delivery on February 15 Expansion of DHL's global...

LESSO, China’s Leading Plastic Piping Brand Expands its Market to Southeast Asia

SAMARANG, INDONESIA - Media OutReach - 24 February 2021 - LESSO, China's leading brand in plastic piping industry, has set foot in Southeast Asia...

Responding to International Mother Language Day, Taiwan builds an environment friendly to indigenous languages

TAIPEI, TAIWAN - Media OutReach - 23 February 2021 - In response to UN's call for the preservation of mother languages, International...