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...

UOB partners with Robert Parker Wine Advocate to bring exclusive fine wine and dining offers to customers

SINGAPORE - Media OutReach - 11 May 2023 - UOB cardholders in Singapore and ASEAN countries can look forward to a love fest...

BingX CEX listed $PEPE, A Meme coin and Looks to List More

SINGAPORE - Media OutReach - 11 May 2023 - BingX, one...

Flash Coffee Extends Series B Round to US$50 Million

SINGAPORE - Media OutReach - 11 May 2023 - Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series...

Over 16,000 customers enabled to tackle uncertainties in logistics through DHL Global Forwarding’s digital platform myDHLi

Customers to benefit from: shipment booking in six steps, transparency on order level, easier document management,...

Macau Pass to Co-operate with GCash, Touch ‘n Go e-Wallet and True Money, the Leading e-Wallets in Southeast Asia, to Provide Acquiring Services, Has...

MACAU - EQS Newswire - 11 May 2023 - Macau Pass has been officially approved to provide acquiring services to Alipay+ market-leading partner e-wallets...

Prince Foundation Empowering Cambodian Students through Kite-making and Culture at SkyFest 2023

PHNOM PENH, CAMBODIA - Media OutReach - 11 May 2023 - Prince Foundation, the philanthropic arm of Prince Holding Group recently provided...