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...

Rediscover the appeal of Shimane. Mt. Sanbe has been introduced in the famous media “Ra-Chi-Go”.

TOKYO, JAPAN - Media OutReach - 17 February 2021 - A drive tour plan for the Mt. Sanbe area was introduced...

Henkel unveils upgraded Innovation and Application Lab in Sydney

New facility targets growth sectors in Australia and New Zealand SYDNEY, AUSTRALIA - Media OutReach - 17 February 2021 - Henkel Australia has officially...

Dachser Air & Sea Logistics reorganizes regional management

Dr. Tobias Burger to head the ASL EMEA business unit, Ralph Riehl to take over the ASL Americas business unit KEMPTEN, GERMANY / HONG KONG...

Indonesia’s E-grocery Industry Poised to Hit USD 6B GMV by 2025

JAKARTA, INDONESIA - Media OutReach - 16 February 2021 - According to L.E.K. Consulting's latest insights, Indonesia's e-groceries market is nearing...

Steinhoff International Holdings N.V.: Notice of the Availability of A s155 Proposal

AMSTERDAM, THE NETHERLANDS - EQS Newswire - 16 February 2021 - Notice is hereby given to inter alia certain creditors ("Scheme Creditors") of Steinhoff...

65% of Companies in Thailand to Maintain or Increase Employment Headcount in 2021: Survey

BANGKOK, THAILAND - Media OutReach - 16 February 2021 - Professional recruitment services Michael Page Thailand launched the Talent Trends 2021 Report,...