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...

The IKEA Sustainability Report FY22 IKEA Global reduced 1.4 million tons of carbon emissions for the Earth last year Promoting the concept of Green...

HONG KONG SAR - Media OutReach - 19 April 2023 - IKEA has been committed to promoting global sustainability by incorporating various environmental...

Masan High-Tech Materials achieves record revenues in 2022

Growth through sustainability: Masan High-Tech Materials targets net revenue of VND18,200 billion in 2023HANOI, VIETNAM - Media OutReach - 19 April 2023 -...

KAUST launches satellite to aid Saudia Arabia and other countries for advanced Earth observation research

HONG KONG SAR - Media OutReach - 19 April 2023 - King Abdullah University of Science and Technology (KAUST) has successfully launched a...

Enjoy Higher Potential Returns by Selecting Wealth Up Savings Insurance Plan

Up to 4.46% p.a. Projected Total Return Rate upon Policy MaturityHONG KONG SAR - Media OutReach - 19 April 2023 - Facing the...

The Hong Kong Web3 Festival has successfully ended, and CoinW opened three themed events in two days, marking a “highlight” moment of its visit...

TAIWAN - Media OutReach - 19 April 2023 - The Web3 industry welcomes the "Hong Kong moment". In April, There are over 100...

JustCo champions Small and Medium-sized Enterprise pivot to hybrid work

Newly-released SME’s Guide to Building Employee Engagement, Productivity and Business Profitability outlines strategies for creating happier and more productive work environmentsSINGAPORE - Media...