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...

Goodman Magic Mile Charity Run raises a record-breaking HK$2.5 million for Habitat for Humanity Hong Kong

The Goodman Magic Mile raised HK$2.5 million to provide home-improving services to more than 250 vulnerable...

Get Ready for More Magic at 7-Eleven: New Limited-Edition Disney 100th Anniversary Items Join Latest “Match & Go” Collectible Programme

New batch of must-have items added to the talk-of-the-town collection include a series of four Limited Edition Mix-It-up Lanyard Sets, Pop-up Ears Reversible Bucket...

Asian Young Scientist Fellowship Announces 2023 Fellow, 12 Early-Career Scientists from the Asian Region

HONG KONG SAR - Media OutReach - 9 May 2023 - The Asian Young Scientist Fellowship announces its inaugural Fellows for the year...

Dear Reality releases new EXOVERB MICRO reverb plugin

Your entryway into a new level of spatial perception BERLIN, GERMANY - Media OutReach - 9 May 2023 - Elevate your...

Sokxay Group Gets Appointed as Sales Representative for Dao Coffee

The Sokxay Group has become the sales representative of Dao Coffee after both companies signed a contract to this effect on 5 May. The contract...

HKU’s innovative research novelties excel at 48th International Exhibition of Inventions of Geneva

HONG KONG SAR - Media OutReach - 9 May 2023 - The University of Hong Kong (HKU) triumphed at the 48th International Exhibition...