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...

Loanhere Launches New Website to Help Singaporeans Apply for Personal Loans from Licensed Money Lenders Fast and Effortlessly

SINGAPORE - Media OutReach - 23 February 2021 - Loanhere announced today the launch of its website, a one-stop destination platform to...

Thrive in Abu Dhabi programme launched to encourage global talent, investors to build their futures in the emirate

Long-term visas and paths to citizenship to accelerate growth in Abu Dhabi’s priority sectors  SINGAPORE - Media OutReach - 23 February 2021 - Talented...

Hunter Fan Company Debuts Industrial Fan Line For Singapore

Inventor of Ceiling Fan Expands HVLS Product Offerings for International Market Needs SINGAPORE - Media OutReach - 23 February 2021 - Hunter Industrial Fans...

Appier Shares AI Predictions and Trends to Watch in 2021

TAIPEI, TAIWAN - Media OutReach - 23 February 2021 - Appier, a leading artificial intelligence (AI) company, today shares AI Predictions and Trends...

Voluntary Announcement: IND Approval Received for A Phase III Clinical Trial of OT-101 in the United States

HONG KONG SAR - Media OutReach - 22 February 2021 - This announcement is made by Ocumension Therapeutics (the "Company", together with its subsidiaries,...

Citi Plus® Official Launch Ceremony

HONG KONG SAR - Media OutReach - 22 February 2021 Photo 1Mr Lawrence Lam, Consumer Business Manager of Citibank Hong Kong, introduces saving, investment...