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...

HKU Researchers Receive Prestigious Awards in the Field of Chemistry

HONG KONG SAR - Media OutReach - 17 May 2023 - The University of Hong Kong (HKU) is pleased to announce that two...

Drive For Better With Enhanced Quon: Safety Innovation That Puts People First

SINGAPORE - Media OutReach - 17 May 2023 - UD Trucks today announced its enhanced Quon, equipped with innovative safety features that...

New Frontiers in Medical Diagnostics and Treatments with Nuclear Medicine

Nuclear medicine has come a long way since its potential as a medical speciality was identified over half-a-century ago. KUALA LUMPUR, MALAYSIA - ...

New Frontiers in Medical Diagnostics and Treatments with Nuclear Medicine

Nuclear medicine has come a long way since its potential as a medical speciality was identified over half-a-century ago. KUALA LUMPUR, MALAYSIA - ...

Bucking the trend, Haier leverages innovation based on customer needs to catalyze brand growth

QINGDAO, CHINA - Media OutReach - 17 May 2023 - Initiating a comprehensive global expansion, Haier has implemented the "localization strategy," achieving genuine...