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...

CPA Australia Survey: Filipino small business tops Asia-Pacific 2023 growth forecasts amid high inflation

Philippines' small businesses top growth forecast for second consecutive year. ...

City University of Hong Kong launches HK Tech 300 Southeast Asia Start-up Competition to foster the I&T ecosystem in the region

with strategic partnership with UM, UPM, MDEC and other regional players KUALA LUMPUR, MALAYSIA - Media OutReach - 9...

Intuit QuickBooks launches QuickBooks Online Accountant in more than 170 countries around the world

In a world first, the launch of the cloud-based financial management software is free to accounting professionals around the globeHONG KONG SAR -...

Techcombank and Backbase Win The Best Digital CX Partner Retail Bank Award

Backbase Engagement Banking Platform powers award-winning retail bank offeringSINGAPORE - Media OutReach - 9 May 2023 - Backbase, the global leader in...

Xoxoday Partners with Workato to Transform Rewards and Recognition

SINGAPORE - Media OutReach - 9 May 2023 - Xoxoday, a leading rewards and incentives platform, announced a...

Amanotes targets global leadership in interactive music ecosystem

HO CHI MINH CITY, VIETNAM - Media OutReach - 9 May 2023 – Amanotes affirms its goal of building the world's leading...