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...

RM 58.6 million secured from SME Trade Mission to Taiwan

KUALA LUMPUR, MALAYSIA - Media OutReach - 12 April 2023 - The SME Trade Mission to Taiwan led by Small and Medium Enterprises...

Imperva® Opens Network and Security Operations Centre in Singapore to Better Support APJ and Global Customers

New Regional HQ and Company’s First Customer Experience Centre Start Operations SINGAPORE - Media OutReach - 12 April 2023 - ...

emart24 Chooses Jerry Coworking Space For Its New Malaysian Headquarters

KUALA LUMPUR, MALAYSIA - Media OutReach - 12 April 2023 - emart24, the fastest-growing convenience store chain in Korea, has announced the relocation...

CIRC: The innovation and development of technology-led enterprises achieved the best business performance in history

HONG KONG SAR - Media OutReach - 12 April 2023 - CHINA ISOTOPE & RADIATION CORPORATION ("CIRC") (01763.HK) held its 2022 Annual Results...

Wages Dominate Cybercrime Groups’ Operating Expenses

Trend Micro report shows how criminal organizations come to resemble legitimate businesses HONG KONG SAR - Media OutReach - 12 April 2023 -...

CoinW Will Make Its Debut at 2023 Hong Kong Web3 Festival Explore New Opportunities for Web3

TAIPEI, TAIWAN - Media OutReach - 12 April 2023 - The 2023 Hong Kong Web3 Festival will be held at the Hong Kong...