Business

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial institutions by the end of 2026, after suspending new applications earlier this year to review and update licensing regulations. Visone Saysongkham, head of the non-bank financial institution supervision department at the Bank of the Lao PDR...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

WelPet Biotech Debuts at the World Veterinary Association Congress as Taiwan’s Only SQF-Certified Pet Health Food Factory

TAIPEI, TAIWAN - Media OutReach - 21 April 2023 - The quality of pet health foods available on the market varies, and consumers...

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023

Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023. According to Lao Youth...

Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

HONG KONG SAR - Media OutReach - 21 April 2023 - Today, IX Asia Indexes Company Limited ("IX Asia Indexes") announced the 2023...

RUSAL confirms its leadership status in the world sustainable suppliers rating EcoVadis

MOSCOW, RUSSIA - Media OutReach - 21 April 2023 - RUSAL, a leading global aluminium producer, confirmed its high positions in EcoVadis,...

Recent GEODIS investments and new certification underlines its growth in the Chinese market

Certification of regional headquarters in Shanghai coincides with redevelopment of GEODIS’ Center of Excellence in Shenzhen and an award for performance at Zhengzhou Airport.SHANGHAI,...

OctaFX is named the broker with the fastest withdrawals and most secure trading platform in Singapore

International Business Magazine and World Business Outlook awarded OctaFX with two industry awards, ‘Broker with the Fastest Withdrawal Singapore 2023’ and ‘Most Secure Trading...