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...

TikTok And Kuaishou Rival, Lomotif, Sells To ZASH

Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps Today Definitive Agreement Gives ZASH Majority Controlling Interest  ...

SunMirror AG Ramping Up Tin Exploration Efforts At Moolyella Project

- Expanding the development of existing Cassiterite (tin ore) assets and greenfield explorations- Engagement of Geonomik Pty Ltd to detail Moolyella Project tin potential-...

Tigre de Cristal Staff Receives Russia’s COVID-19 Vaccine, An Injection of Hope in the Resumption of International Travel

HONG KONG SAR - Media OutReach - 23 February 2021 - Suncity Group Holdings Limited ("Suncity", Hong Kong Stock Exchange code:...

BDO announces winners of the BDO ESG Awards 2021

Third year of this pioneering awards conferment show exemplary HK-listed companies are moving beyond their stakeholders’ expectation from ESG reporting in response to the...

Opening of Konica Minolta’s Newest Customer Engagement Center in APAC

The state-of-the-art facility showcases Konica Minolta’s unique print technologies in one central location, supporting the needs of customers in the Asia Pacific region. SINGAPORE -...

ARB Berhad upbeat about its FY2021 prospects, driven by its cloud-based solutions

Lowest valuation among the peersNet cash company with strong growth momentumTo offer cloud-based solutions for business sustainability and recurring income ...