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...

Mecho Autotech to launch version 2.0 of vehicle management app and new automotive spare parts marketplace in 3Q

This latest version of Mecho’s flagship product will provide even more flexible features and financing options, helping corporate fleet owners and individuals streamline the...

Hebe Haven Yacht Club Open Day 2023

Unlock the world of sailing at HHYC Open Day 2023HONG KONG SAR - Media OutReach - 3 May 2023 - Sailing, sail training,...

The Mills Fabrica portfolio company Circ partners with Zara to launch a first-of-its kind collection made using recycled polycotton blended textiles

The Mills Fabrica is proud to support Circ as it makes sustainable fashion accessible to the massesHONG KONG SAR - Media OutReach -...

BeerLao Announces New Price Hikes Effective From May

Lao Brewery Company has issued a notice informing customers about an increase in prices for some of their products, starting this month. In a...

Give your Mum a treat this Mother’s Day with great deals on Beauty, Wines and Spirits from iShopChangi

SINGAPORE - Media OutReach - 3 May 2023 - From now till 31 May, iShopChangi will be pampering mums everywhere...

CPA Australia Survey: Indian small businesses lead in innovation and profitable technology investment

India's small businesses crowned innovation leaders for third year. ...