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...

Keeping Singapore firms and workers at the forefront of AI advancements: Temus and AI Singapore sign MOU to accelerate AI innovation and adoption

SINGAPORE - Media OutReach - 14 April 2023 - Temus, a digital transformation services company, announced an inaugural partnership with AI Singapore (AISG)...

aelf Enables Payment of Transaction Fees Using Multiple Tokens

HONG KONG SAR - Media OutReach - 13 April 2023 - aelf blockchain is enabling payment of transaction fees using multiple tokens, including...

Epicor Expands Global Footprint with Epicor Managed Hosting Services for Kinetic in China

New Regional Hosted Deployment Enables Customers to Achieve Business Goals through Best-in-Class Delivery HONG KONG SAR - Media OutReach - 13 April 2023...

Malaysian Female Sellers Uplift Other Women on Shopee

100% of Women-Owned Businesses Hire or Teach Other Women To SucceedKUALA LUMPUR, MALAYSIA - Media OutReach - 13 April 2023 - Shopee's...

89 Local Companies Recognised as “Consumer Caring Companies” by GS1 Hong Kong

Retail & Food Companies Attract New Consumers with Consumer-first Strategies as HK Returns to NormalcyHONG KONG SAR - Media OutReach - 13 April...

GEODIS strengthens its capabilities for air freight temperature-controlled pharmaceutical shipments across Asia Pacific and Middle East

CEIV certification is an assurance of the quality of transportation for healthcare companies in the region. SINGAPORE - Media OutReach - 13...