Business

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 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

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...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Blue Bottle Coffee Perfects The At-Home Iced Latte With The Introduction Of Craft Instant Espresso

HONG KONG SAR - Media OutReach - 18 May 2023 - Blue Bottle Coffee announces its latest innovation and first soluble espresso product...

LEGOLAND® School Challenge 2023 Opens to ASEAN Countries, Calls for Students to Build Cities of The Future

Students from Singapore, Malaysia, Indonesia, Thailand, and the Philippines to compete for recognition & attractive prizes worth SGD30,000 from LEGOLAND® Malaysia Resort...

Crowned the Auto-Focus Champion among LCD Projectors, the Wanbo NEW T2 Max Arrives in Magnificent Splendour Following a Comprehensive Upgrade.

SHENZHEN, CHINA - Media OutReach - 18 May 2023 - Wanbo has recently unveiled an enhanced version of the T2 Max, christened...

RGE, the first foreign enterprise in China to secure a sustainability-linked syndicated loan

The RMB 1 billion SLL also represents the first in the Chinese pulp and paper industry...

Opening of 7-Eleven in Laos Evokes Mixed Response Among Netizens

The construction team behind the first 7-Eleven in Laos went viral on social media last week after showing pictures of the location of their...

TCL to Host Asia-Pacific Launch Event, Located for the First time in Bangkok, Thailand

TCL will present its brand-new 2023 product range including, Mini LED QLED TVs, Domestic Appliances, designed to inspire. BANGKOK, THAILAND - Media OutReach...