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...

Vantage Data Centers Announces Second Campus in Cyberjaya

Company plans additional US $3 billion investment to build a 256MW hyperscale campus in Malaysia’s digital hub DENVER, USA and SINGAPORE - Media...

Taipei Computer Association: The Best Stage for Semiconductor and Clean-Tech Startups

Final Call! Applications for the 2nd Tech Innovation Excellence Award (TIE Award)TAIPEI, TAIWAN - Media OutReach - 16 May 2023 - The deadline for...

CBC Tech partners with Zenlayer to extend its Global eNet SASE Connect to global emerging markets

SINGAPORE - Media OutReach - 16 May 2023 - CBC Tech, a leading provider of next-generation...

Infineon acquires Tiny Machine Learning leader Imagimob to strengthen its offering in embedded AI solutions

MUNICH, GERMANY AND STOCKHOLM, SWEDEN - Media OutReach - 16 May 2023 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced...

The Mills Fabrica Launches Inaugural Impact Report to Advocate for Measurable Planet-Positive Investment Standards

Marking five years of accelerating techstyle and agrifood innovations – call for more mission-aligned partners to join the ecosystemHONG KONG SAR - Media...

Laos Gears Up to Host ASEAN Tourism Forum 2024

Preparations are underway as Lao tourism authorities gear up to host the annual ASEAN Tourism Forum next year, which will take place in Vientiane...