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...

Appier’s Viewpoints on Machine Learning as a Service: Challenges and Opportunities

TAIPEI, TAIWAN - Media OutReach - 22 February 2021 - Appier, a leading artificial intelligence (AI) company, today announces its viewpoints of challenges...

DHL Express delivers first batch of COVID-19 vaccines to Malaysia

Rigorous planning and testing were undertaken by DHL to ensure supply chains support the vaccine’s stringent temperature requirements  KUALA LUMPUR, MALAYSIA - Media ...

Ohmyhome Officially Launches Renovations Services to Expand End-to-end Service Line-up

SINGAPORE - Media OutReach - 19 February 2021 - Ohmyhome, homegrown one-stop Property Technology company, today officially launched its renovation services adding...

New IFC Report Proposes Action Plan to Support FDI Opportunities in Laos

Developing a holistic investment strategy along with continued regulatory reforms will help the Lao PDR attract more diverse and higher-quality foreign direct investment (FDI),...

Microbusinesses Account for Majority of Registered Enterprises in Laos

Microbusinesses account for the majority of businesses in Laos, making up 94.2 percent of all registered enterprises, according to a recent survey. Vientiane Times reports...

Vetter continues its successful performance at the 2021 CMO Leadership Awards

Winning five core categories reaffirms Vetter as a trusted solution provider, particularly during globally challenging times Vetter reaffirms its high performance in customer-critical aspectsResults reflect...