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...

DFS unveils House of Jewels at Shoppes at Four Seasons, Macau

Curated concept store featuring seven exclusive jewelry brands with DFS in MacauMACAU - Media OutReach - 12 May 2023 - DFS Group (DFS),...

Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lamborghini Super Trofeo Asia

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 11 May 2023 - Bybit, the world's third most visited crypto exchange, is proud to...

PolyU and NGOs develop innovative and effective intervention services to help families cope with adversity

HONG KONG SAR - Media OutReach - 11 May 2023 - To help families cope with stress and adversity, The Hong Kong Polytechnic...

Skyborn Renewables appoints new CFO and CInO

Willem Mentz, appointed as Chief Financial Officer (CFO) as of 15 May 2023 ...

From APAC to Global, Yonyou Launches Globalization 2.0 Strategies to Empower Enterprises Digitalization

20th Anniversary of Yonyou Hong Kong HONG KONG SAR - Media OutReach - 11 May 2023 - Yonyou Network Technology (600588.SS) held...

SUNeVision’s HKIS-1 Crowned Gold Stevie® Award for Technological Innovation

Showcasing Cutting-edge Cable Landing Stations and Connectivity SolutionsHONG KONG SAR - Media OutReach - 11 May 2023 - SUNeVision Holdings Ltd. ('SUNeVision', SEHK:...