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...

Arta TechFin and GFO-X partner to enhance global liquidity and trading services of regulated digital asset derivatives

Agreement to collaborate on the creation of product and provision of services relating to digital asset derivatives.HONG KONG SAR and LONDON, UK - ...

DBIoD: Supporting Sustainable Diamond Industry Growth Through 130-Years Expertise

SHANGHAI, CHINA - Media OutReach - 20 April 2023 - With over 130 years of...

Next Generation Monitoring: Neumann Releases the KH 120 II

BERLIN, GERMANY - Media OutReach - 20 April 2023 - Neumann, one of the leading brands in pro audio, has announced the release...

LUX stands with female athletes and challenges sports media to “Change The Angle”

Calling out how invasive camera angles target intimate parts of women’s bodies in sport, LUX challenges broadcasters and viewers to #ChangeTheAngle and support women...

foodpanda and TADA sign strategic partnership MOU in Asia

Users in Singapore and Cambodia can enjoy savings and loyalty rewards on both platformsSINGAPORE - Media OutReach - 20 April 2023 - foodpanda,...

Discovering Japan’s Rich History and Culture with Castle and Temple-Stays

JNTO KL is delighted to share information about castle-stays and temple-stays which have risen in popularity that allow international visitors to experience being lords,...