Business

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt risks and reduce pressure on foreign-currency reserves and the Lao kip. Under a new Bank of Laos decision issued in August, individuals and companies must obtain central bank approval before taking certain loans, guarantees, trade credits...

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...

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...

AIA Hong Kong launches AIA CarePass, providing premium, comprehensive medical support for eligible visiting customers seeking treatment in Hong Kong

Market-first programme gives eligible high-end customers access to best-in-class medical resources from across the Greater Bay Area – including new “One-Stop Oncology Service”...

Bybit Opens Global Headquarters in Dubai on the Heels of 50% Increase in User Base

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 18 April 2023 - Bybit, the world's third most visited crypto exchange with 15 million...

Aon: Asia Pacific Companies See ESG Issues of Critical Importance; However, More Work Is Needed To Fully Integrate Measures

58 percent of companies surveyed say ESG is critical to the long-term success of their business...

VinFast VF 8 customers now may be eligible for up to a $7,500 California EV rebate

The Clean Vehicle Rebate Project recently added the VinFast VF 8 electric SUV to its list of eligible vehicles, providing up to $7,500 for...

Lenovo Expands Portfolio of Smart Collaboration Solutions With New Standalone ThinkSmart View Plus

ThinkSmart View Plus running Microsoft Teams display allows users to better collaborate in multiple scenarios with...

SHEDE BRAND NIGHT Successfully Held in Singapore, Sharing The Charm of Chinese Spirits to the World

SINGAPORE - Media OutReach - 17 April 2023 - On April 11th, SHEDE SPIRITS Sharing Chinese Wisdom With the World & SHEDE Brand...