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...

Get Rid of Pests for Less: Ridpest Celebrates 50th Anniversary with Exclusive Discounts

SINGAPORE - Media OutReach - 28 April 2023 - In a world where pests are constantly lurking around the corner, Ridpest has been...

CASE and Shopee sign MOU to better protect consumer rights through adoption of CASE framework

Collaboration in conjunction with launch of Shop Safe with Shopee, a new consumer protection initiative to promote online safety when transacting online SINGAPORE -...

Enjoy non-stop Super Brand Days from well-loved brands at Shopee Mall 5.5 Super Brands Festival

Shoppers can look forward to 14 days of non-stop Super Brand Days and shop over 4,000 authentic brands on Shopee Mall SINGAPORE -...

Little Fox Mall announced its official launch in Indonesia

JAKARTA, INDONESIA - Media OutReach - 28 April 2023 - Recently, Little Fox Mall, known as the "Indonesian cross-border e-commerce dark horse" in...

Malaysia and China are discussing Asian Monetary Fund to move away from the U.S. dollar: an OctaFX analysis

KUALA LUMPUR, MALAYSIA - Media OutReach - 28 April 2023 - The Malaysian prime minister's proposal to create an Asian Monetary Fund can...

Appier integrates GenAI into its products to optimize key marketing applications for businesses

TAIPEI, TAIWAN - Media OutReach - 28 April 2023 - Appier, a leading software-as-a-service (SaaS) company that uses artificial intelligence (AI) to...