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...

ABB collaborates with Lhyfe and Skyborn on one of Europe’s largest renewable hydrogen projects

HAMBURG, GERMANY - EQS Newswire - 8 May 2023 Together with Lhyfe and Skyborn,...

Melco Style to Kick Off 2023 The Black Pearl Diamond Restaurants Gastronomic Series this June

Tickets for the Jade Dragon x Yong Fu and Pearl Dragon x Xizhou Hall events to go on sale starting May 17MACAU - ...

The Malaysia Healthcare Travel Council: Malaysia Delivers Heartfelt Care As Asia’s Cardiology Hub

Malaysian cardiac institutes are elevating cardiac treatment through an integrated and patient-centric approach, opening doors for improved, more promising outcomes.KUALA LUMPUR, MALAYSIA - ...

ViewQwest recognised as Broadband Telecom Company of the Year at Asian Telecom Awards 2023

Award received on the strength of SecureNet cybersecurity serviceSINGAPORE - Media Outreach - 8 May 2023 - ViewQwest – a leading regional...

Scammers in Laos Impersonate Business Owners to Dupe Victims

Business owners and entrepreneurs in Laos have spoken out about an online scam that uses fake profiles of actual individuals to defraud victims on...

Give the mothers in your life the gift of peace of mind with Arlo

Award-winning home security solutions to ease her worrySINGAPORE - Media OutReach - 8 May 2023 - They say peace of mind a priceless...