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...

Japan’s VAIO, a leader in innovative technology, Build The World’s First Contoured Carbon Fiber Laptop

VAIO® unleashes the first 3-D molded, carbon fiber laptop in the world The new VAIO®Z has a lighter yet durable...

Right Key Investment expands into the UK providing professional global investment solutions

HONG KONG SAR - Media OutReach - 18 February 2021 - As a professional Australian real estate agency, Right Key Investment...

Herbalife Nutrition Appoints First Nutrition Advisory Board member in Indonesia

JAKARTA, INDONESIA - Media OutReach - 18 February 2021 - Herbalife Nutrition (NYSE:HLF), a premier global nutrition company, today announced the...

Media OutReach Expands into China with Strategic Partnership with Xinhua Finance Agency

The newswire continues growing its foothold in Asia by opening its 7th office in the region HONG KONG SAR - Media OutReach - 18 February...

Govt Gives Expressway Operator 120 Days to Fix Problems

The Ministry of Planning and Investment has issued a notice warning the Vientiane to Vang Vieng Expressway it has 120 days to resolve urgent...

Challenging The Next Frontier Of Growth: TeamSpirit Inc Selected As One of The “Best Workplaces” In 2021 Ranking For Medium-Sized Category, Japan; TeamSpirit Singapore...

Putting People First: TeamSpirit Inc celebrates its second anniversary of its listing on the Tokyo Stock Exchange by revamping its core values to prepare...