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...

New Compression Latch From Southco Offers Visual Indication Of Latch Open Status

HONG KONG SAR - Media OutReach - 10 May 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

Asia logistics real estate developer and investment manager Unified Industrial expanding investment activities due to strong development pipeline

TOKYO, JAPAN - Media OutReach - 10 May 2023 - Founded in 2008, Unified Industrial (UI) is a leading developer and investment manager...

BingX lists new trading pair CHEEMS on its trading platform

BingX lists new trading pair CHEEMS/USDT due to popular demand from users. SINGAPORE - Media OutReach - 9 May...

South Africa gears up to welcome BRICS members in August

JOHANNESBURG, SOUTH AFRICA - African Media Agency - 9 May 2023 - As South Africa prepares to host the incoming BRICS 2023 in August,...

Beyond Tomorrow: The Evolution of Healthcare Technologies

The advent of digital technology has given rise to innovations in healthcare worldwide. In Malaysia, private healthcare providers are leading the charge by deploying...

The Mills Fabrica Celebrates Five Years of Accelerating Techstyle and Agrifood Innovations

Investing up to USD 3M per startup – and in search for moreHONG KONG SAR - Media OutReach - 9 May 2023 -...