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...

BRAND XIAMEN Makes a Powerful Debut, Xiamen Enterprises’ Innovations Attract Widespread Attention

HONG KONG SAR - Media OutReach - 25 April 2023 - The Global Sources Exhibition in Hong Kong concluded spectacularly. The second phase...

Take the Magic Everywhere You Go with 7-Eleven’s All-New Disney 100th Anniversary Collectible Series of 8 Portable 3-in-1 Match & Go Sets Featuring Beloved...

HONG KONG SAR - Media OutReach - 24 April 2023 - Disney is celebrating its 100th anniversary this year with a whole host...

Zoho Launches New Unified Communications Platform and Collaboration Technology for Zoho Workplace

Zoho Workplace achieves 38% YoY Revenue Growth in APAC and 16 Million+ Users WorldwideSINGAPORE - Media OutReach - 24 April 2023 - Zoho...

7-Eleven Convenience Stores to Start Operations in Laos This Year

Thailand’s CP ALL Public Company plans to launch 7-Eleven convenience franchise stores in Laos by mid-2023. CP ALL Laos, a subsidiary of Thailand's CP ALL...

Olymp Trade Held a Ramadan Charity Campaign

3,116 families in need received 10-kg food basketsKINGSTOWN, SAINT VINCENT AND THE GRENADINES - Media OutReach - 24 April 2023 - Olymp Trade,...

Fortune Insight enters agreement with Nikkei China (Hong Kong) Limited, strengthening its newly integrated platform for global and Asia, especially Japan, market, and life...

HONG KONG SAR - Media OutReach - 24 April 2023 - Fortune Insight, a Hong Kong-based FinTech company, today announced that it has...