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...

Infineon and SCHWEIZER extend cooperation in chip embedding to develop more efficient silicon carbide automotive solutions

MUNICH and SCHRAMBERG, GERMANY - Media OutReach - 26 April 2023 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Schweizer Electronic...

Bybit CEO Visits Turkey to Back Growth of Crypto in the Region

ISTANBUL, TURKEY - Media OutReach - 26 April 2023 - Last week, Ben Zhou, co-founder and CEO of top crypto exchange Bybit visited...

The 2023 Fuzhou International Digital Media Development Seminar opened in Fuzhou

FUZHOU, CHINA - Media OutReach - 26 April 2023 - On April 24, the 2023 Fuzhou International Digital Media Development Seminar opened in...

ROVEMA invites confectionery and snack manufacturers to their Customized Experience in-house trade fair.

FERNWALD, GERMANY - news aktuell - 26 April 2023 - Packaging machine specialist ROVEMA is organizing a multi-day customer event in May 2023, tailored...

United States and Industry Ministry Organize Workshop on World Intellectual Property Day

The U.S. Embassy in Vientiane and the Ministry of Industry and Commerce hosted a workshop on Tuesday to promote protections for creative professionals in...

MGC Marine Appointed Exclusive Authorized Retailer for ‘Chris-Craft’ in Thailand and ASEAN, Opens First Showroom Near Bangkok

BANGKOK, THAILAND - Media OutReach - 26 April 2023 - MGC Marine and Chartered (ASIA) Company Limited, under the Millennium Group Corporation (ASIA)...