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...

Schneider Electric contributes to the restoration of Notre-Dame Cathedral in Paris

Rebuilding Notre-Dame de Paris and Schneider Electric sign a sponsorship agreement This includes in-kind donations and skills...

Preface’s AI Coffee is Back! Making the Debut of ChatGPT Coffee in Hong Kong

Experience the power of AI at our Generative AI Exhibition in Causeway Bay FlagshipHONG KONG SAR - Media OutReach - 28 April 2023...

BEST Express Malaysia Helps 9 Schools to Rebuild After Floods

KUALA LUMPUR, MALAYSIA - Media OutReach - 28 April 2023 - BEST Express Malaysia has launched a flood relief campaign from March to...

Two Resorts in Luang Prabang Report Damage Due to Forest Fires

Whether it is lack of occupancy or damage to property, tourism-related businesses in Luang Prabang have continued to get affected by slash-and-burn practices that...

KLEVV Introduces The Latest CRAS V RGB And BOLT V DDR5 Gaming Memory

Available Upto 8000MT/s Blazing Fast SpeedHONG KONG SAR - Media OutReach - 28 April 2023 - KLEVV, an emerging memory brand introduced by...

MADLY Celebrates One Year at Ann Siang Road Brand Experience Centre

SINGAPORE - Media OutReach - 28 April 2023 - Last night, Singapore’s number one bespoke jeweller, MADLY, celebrated one year at...