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...

LWK + Partners Paves the Way for BIM Adoption in Hong Kong Architecture Industry

BIM Takes Center Stage in Boosting Cross-Geo Collaboration, Efficiency, and Quality of Large-Scale Commercial Projects HONG KONG SAR - Media OutReach -...

Affordable Aircon Services Plans for Growth with Expansion by Recruiting Skilled Leaders

SINGAPORE - Media OutReach - 17 May 2023 - Affordable Aircon Services, an air conditioning services provider specialising in aircon servicing in...

NetApp Delivers Simplicity and Savings to Block Storage with New All-Flash SAN Array and Introduces a Ransomware Recovery Guarantee

NetApp’s new offerings deliver to customers greater simplicity, security, sustainability and savings SINGAPORE - Media OutReach - 17 May 2023 - NetApp® (NASDAQ:...

SpeakIn’s arrival in Malaysia to enrich the country’s professional learning

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 May 2023 - SpeakIn, Asia's largest digital learning platform for professionals, announced scaling its...