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...

Infobip announces Microsoft Dynamics 365 Marketing integration to support marketing communications

Native SMS integration enhances Infobip’s collaboration with Microsoft following its deployment on Microsoft Azure ...

OPPO Find N2 Flip Will Be One of the First Devices to Receive the Android 14 Beta 1 Update

SHENZHEN, CHINA - Media OutReach - 11 May 2023 - OPPO today announced its very first clamshell foldable phone – the Find N2...

Hang Lung Properties Collaborates with Zhejiang University and CLEANCO2 to Reduce Embodied Carbon at Westlake 66, Hangzhou

Advancing and Accelerating Progress to Tackle Building & Construction Sector’s Major Challenge through Innovation SHANGHAI, CHINA - Media...

Bybit’s User Base Booms, Exceeds 15 Million with a 50% Increase in Mere Months

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 May 2023 - Bybit, the world's third most visited crypto exchange, announced a 50%...

Infineon and Hon Hai Technology Group (Foxconn) sign MoU to partner on SiC collaboration and EV development

Leveraging Infineon's automotive system understanding and SiC product offerings, and Foxconn's capability in system-level integration, electronics...

AGON by AOC secures number 1 spot as the world’s leading gaming monitor brand

SINGAPORE - Media OutReach - 10 May 2023 - AGON by AOC – leading gaming monitor and IT accessories brand – proudly announces...