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...

Black Spade Capital Aims to Build an SPAC-themed Portfolio

HONG KONG SAR - Media OutReach - 22 February 2021 - 2020 proved to be a great year for Special Purpose Acquisition Companies...

Kerry Logistics Network Extends Winning Streak at the Quamnet Outstanding Enterprise Awards for Sixth Year Running

HONG KONG SAR - Media OutReach - 22 February 2021 - Kerry Logistics Network Limited ('Kerry Logistics Network'; Stock Code 0636.HK)...

Citibank Officially Launches Citi Plus®

Co-creating With Target Clients to Suit Their Banking and Investment Needs Fostering Financial Education to Level-Up Digital Natives Through...

Hong Kong Productivity Council and Hong Kong Computer Society Sign Pact to Enhance the Adoption of Emerging Technologies in Hong Kong

HONG KONG SAR - Media OutReach - 22 February 2021 - The Hong Kong Productivity Council (HKPC) and the Hong Kong Computer...

Nexstgo comprehensively enhances its range of NEXSTMALL BIZ business solutions

Giving impetus to the development of SMEs with digital strategies to maintain their competitiveness under the ‘new normal’ HONG KONG SAR - Media OutReach -...

Unique French-English bilingual programme at the Canadian International School (CIS) expanding from August 2021

SINGAPORE - Media OutReach - 22 February 2021 - The Canadian International School (CIS) in Singapore is delighted to announce the expansion...