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...

CPA Australia: Almost half of Taiwan’s small businesses tip growth in 2023

TAIPEI, TAIWAN - Media OutReach - 26 April 2023 - Almost half of Taiwanese small businesses expect to grow in 2023. Digitalisation is...

PropTech solutions provider NineSmart launches Smart Residence

Leverage IoT and mobile app to facilitate self-service operations for property management HONG KONG SAR - Media OutReach - 26 April 2023 -...

Arta partners with EDG UK as exclusive distributor of digital asset structured products in Hong Kong, planning ASEAN headquarter in Singapore

HONG KONG SAR and SINGAPORE - Media OutReach - 26 April 2023 - Arta TechFin ("ARTA", HKSE: 0279), a hybrid fintech platform bridging...

Thai Craft Beer Fancier Fined for Facebook Photo, Review

BANGKOK (AP) — A court in Thailand handed a craft beer enthusiast a THB 150,000 (USD 4,360) fine and a suspended six-month prison sentence...

Artificial Intelligence welcomed, but human-centered IT support is key to employee satisfaction and productivity in Hong Kong

A global survey of employees reveals 84% in Hong Kong think inefficient IT support affects morale and hinders productivity, while 90% welcome adoption of...

Rapid Physiocare Singapore Upgrades its Suite of Treatments with the Inclusion of Cardiopulmonary Rehabilitation Therapy

SINGAPORE - Media OutReach - 25 April 2023 - Rapid Physiocare is breaking new ground in Singapore by launching its latest treatment...