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...

The Mauritius Commercial Bank Limited (MCB) launches its inaugural USD 300 million notes issuance on the London Stock Exchange

PORT LOUIS, MAURITIUS - EQS Newswire - 27 April 2023 - On Wednesday 19 April 2023, The Mauritius Commercial Bank Limited ("MCB") (www.MCB.mu) successfully...

BingX lists new trading pairs Swingby and IRON on its trading platform

BingX lists new trading pairs SWINGBY/USDT and IRON/USDT due to popular demand from users.SINGAPORE - Media OutReach - 27 April 2023 - BingX...

BingX Supports Filecoin (FIL) Network Upgrade with Arrangements in Place

BingX makes preparations to $FIL hard fork without hindering trading activities SINGAPORE - Media OutReach - 27 April 2023...

IFTA FinTech and Innovation Achievement Awards 2022/2023 now open for applications Celebrates ground-breaking game changers in FinTech industry

HONG KONG SAR - Media OutReach - 27 April 2023 - The Institute of Financial Technologists of Asia ("IFTA") announces the opening of...

Infineon enables innovative solution for second life of electric passenger car batteries

MUNICH, GERMANY - Media OutReach - 27 April 2023 - STABL Energy GmbH uses MOSFETs from Infineon Technologies AG (FSE: IFX / OTCQX:...

MSIG Launches “EZ-Mile” Motor Add-On

A Comprehensive Private Car Insurance Add-On to Increase Flexibility for Car Owners to Pay for What They NeedKUALA LUMPUR, MALAYSIA - Media OutReach...