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...

Singtel and Etiqa launch free retrenchment coverage with Singtel Bill Protect

Provides bill waivers for retrenched Singaporeans impacted by volatile labour market, among other benefitsSINGAPORE - Media OutReach - 4 May 2023 - Singtel...

First Hydrogen Secures Green Hydrogen and Zero-Emission Vehicle Production Sites in Quebec

Vancouver, British Columbia - Newsfile Corp. - May 4, 2023 - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN"...

Vegetables Get More Expensive in Laos After New Year Celebration

Vegetable prices in Laos have increased following Lao New Year celebrations primarily due to the country’s soaring inflation rate. Lao Economic Daily reports that some...

Cyber-Risk Declines But 78% of Organizations Predict Successful Attacks in Coming Year

Trend Micro's Cyber Risk Index finds preparedness is slowly improving HONG KONG SAR - Media OutReach - 4 May 2023 - Trend...

Hong Kong Baptist University joint research suggests that urine cytomegalovirus test facilitates early prediction of AIDS end-organ diseases

HONG KONG SAR - Media OutReach - 4 May 2023 - A Hong Kong Baptist University (HKBU) collaborative research team has shown that...

SDMC Becomes an Affiliate Member of The Hong Kong 4As

The Hong Kong 4As recognizes SDMC's commitment to upholding the highest standards of professionalism and business ethics in the advertising industry.HONG KONG SAR -...